Quarterly ResultOct 29, 2026, 04:07 PM
OSI Systems Reports Record Q1 Revenue of $403M; EPS Up 28%
AI Summary
OSI Systems announced its fiscal 2027 first quarter financial results, reporting record revenues of $403 million and record earnings per diluted share. GAAP EPS grew 28% year-over-year to $1.51, while non-GAAP EPS increased 17% to $1.66. The company achieved a book-to-bill ratio of 1.4, leading to a record backlog of $2.1 billion. Operating cash flow more than doubled year-over-year to $37 million. OSI Systems is reaffirming its fiscal 2027 revenue guidance and raising its non-GAAP EPS guidance.
Key Highlights
- OSI Systems reported record Q1 revenues of $403 million, a 5% year-over-year increase.
- GAAP EPS was $1.51 (28% YoY growth), and non-GAAP EPS was $1.66 (17% YoY growth).
- Book-to-bill ratio reached 1.4, driving a record backlog of $2.1 billion.
- Operating cash flow was $37 million, more than doubling year-over-year.
- Security division saw strong bookings and record backlog despite geopolitical headwinds.
- Optoelectronics & Manufacturing division revenue increased 9% YoY (16% to external customers) with margin expansion.
- Healthcare division performance was soft, but growth is anticipated.
- Company reaffirms fiscal 2027 revenue guidance and raises fiscal 2027 non-GAAP EPS guidance.
Price Impact
More from OSIS