NASDAQ$OSIS

Osi Systems Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

OSI Systems reported record Q4 revenues and earnings per share, driven by strong performances in the Security and Optoelectronics and Manufacturing divisions.

OSI Systems reported a 20% increase in revenue compared to the same quarter last year. The company achieved record GAAP and non-GAAP EPS. The company provided revenue and non-GAAP EPS guidance for fiscal year 2022.

  • Record Q4 revenues of $332 million, a 20% year-over-year increase.
  • Record GAAP EPS of $1.40.
  • Record Non-GAAP EPS of $1.54, a 26% year-over-year increase.
  • The Security division reported a 23% year-over-year increase in revenues.
  • Optoelectronics and Manufacturing division revenues increased 37% year-over-year.

Headline financials

Total Revenue

$332M

Previous: $277M+19.9%
EPS (adj)

$1.54

Previous: $1.22+26.2%
Operating Cash Flow

$8M

Previous: $23.6M-66.1%
Backlog

$1.08B

Previous: $861M+25.0%
Capital Expenditures

$4.61M

Previous: $4.33M+6.4%
Free Cash Flow

$3.41M

Previous: $19.3M-82.3%
Net Income

$25.9M

Previous: $14M+85.4%
Operating Income

$33.9M

Previous: $23.5M+44.3%
Gross Profit

$118M

Previous: $102M+16.3%
Cash & Equivalents

$80.6M

Previous: $76.1M+5.9%
Total Assets

$1.38B

Previous: $1.27B+9.1%
Stock-Based Comp

$7.39M

Previous: $5.72M+29.1%

Revenue & EPS history

Osi Systems · Revenue · Quarterly

$332M

Q4 2021+19.9%vs Q4 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Osi Systems · $346M total across 3 segments · Q4 2021

  • Security Division
    $202M+23.4%
  • Optoelectronics & Manufacturing
    $92.2M+37.3%
  • Healthcare Division
    $51.9M-9.7%

Forward guidance

For fiscal year 2022, the Company anticipates revenues in the range of $1.190 billion to $1.225 billion and non-GAAP earnings per diluted share in the range of $5.72 to $6.00.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.9%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+3.6%

Avg return

30 days after

58%

37 / 64 earnings

Positive

+16.7%

Q2 2019

Best reaction

-35.0%

Q2 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.3%-18.3%-24.5%
Q2 2026-7.2%-6.2%+5.7%
Q1 2026-2.3%+11.3%+8.6%
Q3 2025+9.6%+7.8%+7.0%
Q2 2025+14.2%+16.2%+19.7%
Q1 2025-5.5%-6.0%+16.0%
Q4 2024+3.7%+1.5%+0.6%
Q3 2024-3.5%-5.9%+2.2%
Q2 2024+3.0%+1.6%+2.4%
Q1 2024-5.4%-7.3%+7.1%
Q4 2023+11.5%+12.5%-5.5%
Q3 2023+10.2%+14.6%+17.4%
Q2 2023+5.5%+6.0%+5.3%
Q1 2023+4.4%+6.2%+14.0%
Q4 2022-6.1%-11.7%-23.2%
Q3 2022+2.2%+1.6%+9.2%
Q2 2022-2.1%-0.6%-3.9%
Q1 2022-1.8%-2.1%-3.8%
Q4 2021+0.3%-0.6%-5.8%
Q3 2021-4.3%-6.2%-4.5%
Q2 2021-3.8%-2.3%+1.1%
Q1 2021-0.2%+5.6%+15.0%
Q4 2020-1.3%-0.6%+5.6%
Q3 2020-3.1%-6.5%-1.3%
Q2 2020-0.9%-8.6%-13.3%
Q1 2020+4.5%+3.0%+1.3%
Q4 2019+3.6%+4.1%+4.9%
Q3 2019+14.9%+16.8%+16.3%
Q2 2019+16.7%+20.0%+21.5%
Q1 2019+4.9%+2.0%+7.9%
Q4 2018-0.1%+0.4%+2.1%
Q3 2018-6.0%-2.5%+0.4%
Q2 2018-17.4%-11.9%-4.2%
Q1 2018-0.0%-3.1%-2.7%
Q4 2017+6.4%+6.2%+10.3%
Q3 2017+8.7%+9.4%+10.7%
Q2 2017+3.4%-0.3%+3.1%
Q1 2017+8.5%+2.8%+17.1%
Q4 2016+9.4%+9.8%+1.6%
Q3 2016-17.5%
Q2 2016-35.0%
Q1 2016+0.9%
Q4 2015+0.2%
Q3 2015-9.2%
Q2 2015+1.8%
Q1 2015+6.0%
Q4 2014+2.1%
Q3 2014-0.1%
Q2 2014+1.6%
Q1 2014-2.9%
Q4 2013-3.1%
Q3 2013+6.0%
Q1 2013+6.0%
Q2 2013-16.1%
Q1 2012+2.9%
Q4 2010+0.8%
Q4 2012+11.0%
Q3 2011+5.6%
Q3 2012+2.1%
Q2 2011-3.6%
Q2 2012+5.9%
Q1 2011+8.3%
Q4 2011+8.3%
Q3 2010+0.4%

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