OSI Systems reported fourth-quarter revenue of $484.06 million, down 4.1% year over year and 8.38% below the Zacks Consensus Estimate of $528.34 million. Earnings per share came in at $3.78, up from $3.24 a year earlier and slightly above the consensus estimate of $3.76. Security division revenue fell 7.4% to $339.73 million, missing the $388 million analyst estimate, while healthcare revenue rose 4.8% to $44.75 million and optoelectronics and manufacturing revenue increased 4.6% to $117.81 million. Non-GAAP operating income in the security division was $70.65 million, below the $81.4 million estimate, but healthcare and optoelectronics divisions both exceeded expectations.
OSI Systems IncQ4 revenue missed estimates and security division revenue fell, though EPS beat.
