OSI Systems Q1 Crushes Expectations, Backlog Surges

OSI Systems exceeded Q1 expectations with $453.2 million revenue, a 2% YoY growth, and EPS of $2.60, surpassing estimates. Security and optoelectronics units drove growth, despite U.S. shutdown and Middle East tensions. Healthcare sales dipped due to domestic order timing. Adjusted EBITDA hit $76.4 million with 11.7% margins. Analysts inquired about service revenue growth and RF segments record sales. OSI maintained full-year EPS guidance and backlog increased by 5.6% to $1.9 billion. Stock price dropped but OSI is well-positioned for steady growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3d67bb3471e85456