Earnings ·
OSI Systems reports record Q1 revenues of $403M and raises FY27 non-GAAP EPS guidance
OSISOsi Systems Inc
OSI Systems reported fiscal 2027 first-quarter results with record revenues of $403.5 million, a 5% increase year-over-year, driven by strong performance in its Security and Optoelectronics & Manufacturing divisions. GAAP diluted earnings per share reached $1.51, up 28%, while non-GAAP diluted EPS was $1.66, up 17%. The company achieved a book-to-bill ratio of 1.4, resulting in a record backlog of $2.1 billion and operating cash flow of $37 million. Management reaffirmed fiscal 2027 revenue guidance of $1.875 billion to $1.930 billion but raised non-GAAP EPS guidance to $11.28–$11.64 from the previous range of $11.13–$11.49. The company also announced a share repurchase program update, having returned approximately $62 million through buybacks this quarter. OSI Systems designs and manufactures specialized electronic systems and components for critical applications in security, optoelectronics, manufacturing, and healthcare.