OSI Systems Inc. (OSIS) reported second quarter adjusted net income of $0.70 per share Thursday morning, up from $0.61 per share in the prior year. The consensus estimate was for EPS of $0.67. Revenues for the quarter grew 3 percent to $194.05 million, but missed analysts' estimate of $211.41 million.
The company also reaffirmed its fiscal 2013 earnings guidance of $2.77 to $3.00 per share. Analysts expect fiscal 2013 earnings of $2.84 per share.
OSI Systems gapped open sharply lower Thursday, but traded in a range for the bulk of the session. Shares finished down by 14.03 at $57.33 on strong volume. The stock dropped to a 2-month low and fell below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.