OSI Systems Inc. (OSIS) reported that its third-quarter net income increased to $13.53 million or $0.66 per share, from $12.58 million or $0.62 per share, last year. Adjusted profit was $15.24 million or $0.74 per share for the quarter. The company said it achieved record earnings as a result of significant operating margin expansion, led by Security division.
Revenues decreased to $198.41 million from $208.44 million last year. The company reported lower revenues, but higher gross profit for the quarter.
On average, five analysts polled by Thomson Reuters expected the company to report profit of $0.74 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $206.37 million for the quarter.
The company currently expects its fourth-quarter earnings per share in the range of $1.02 to $1.09, excluding the impact of impairment, restructuring and other charges. The company currently expects fourth-quarter revenues to be between $220 million and $230 million. Analysts expect the company to report fourth-quarter profit per share of $1.10 on revenue of $249.25 million.
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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.