OSI Systems reports Q3 non-GAAP EPS $1.49 vs. $1.43 last year

Yesterday, the company also reported Q3 revenue of $302.9M vs. $290.5M last year. Deepak Chopra, CEO, stated, "We were pleased with our third quarter performance as revenues and adjusted operating income increased 4% and 17%, respectively. Towards the end of the quarter, we announced a major win in our Security division, which was booked upon contract execution in the fourth fiscal quarter. Given our significant backlog, we anticipate strong revenue and adjusted earnings growth in the fourth quarter as we build momentum heading into fiscal 24."