OSI Systems reports Q3 EPS $2.16, consensus $2.10

Reports Q3 revenue $405.4M, consensus $403.46M. Reports Q3 ended backlog of $1.8B. Deepak Chopra, OSI Systems’ chairman and CEO, stated, “We are pleased to report strong financial results as outstanding performance in the Security division led to record third quarter revenues and adjusted earnings per share. Given continued solid bookings, a strong backlog, and high visibility into our pipeline of opportunities, we anticipate a strong conclusion to fiscal 2024 and we believe we are well positioned for fiscal 2025.”