NASDAQ$OSIS

Osi Systems Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

OSI Systems reported strong Q4 financial results, driven by outstanding performance in the Security division, leading to record revenues and adjusted earnings per share.

OSI Systems reported a 17% increase in revenue to $480.9 million and net income of $44.7 million, or $2.55 per diluted share, for Q4 FY24. The Security division's strong performance drove record revenues and adjusted earnings per share. The company anticipates revenues in the range of $1.620 billion to $1.650 billion and non-GAAP adjusted earnings per diluted share in the range of $8.80 to $9.15 for fiscal year 2025.

  • Q4 FY24 revenues increased by 17% year-over-year, reaching $480.9 million.
  • Net income for Q4 FY24 was $44.7 million, or $2.55 per diluted share.
  • Non-GAAP net income for Q4 FY24 was $49.7 million, or $2.84 per diluted share.
  • The Security division's revenues increased by 27% year-over-year.

Headline financials

Total Revenue

$481M

Previous: $412M+16.8%
EPS (adj)

$2.84

Previous: $2.66+6.8%
Operating Cash Flow

-$29M

No prior period
Capital Expenditures

$8.5M

Previous: $3.12M+172.4%
Net Income

$44.7M

Previous: $42.4M+5.5%
Operating Income

$54.2M

Previous: $57.2M-5.2%
Gross Profit

$159M

Previous: $143M+11.0%
R&D Expense

$15.9M

No prior period
Stock-Based Comp

$7.22M

Previous: $7.6M-4.9%

Revenue & EPS history

Osi Systems · Revenue · Quarterly

$481M

Q4 2024+16.8%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Osi Systems · $299M total across 3 segments · Q1 2024

  • Security Division
    $165M+13.5%
  • Optoelectronics & Manufacturing
    $96.1M+2.4%
  • Healthcare Division
    $37.8M-13.3%

Forward guidance

For fiscal year 2025, the Company anticipates revenues in the range of $1.620 billion to $1.650 billion and non-GAAP adjusted earnings per diluted share in the range of $8.80 to $9.15.

Tailwinds

  • Anticipates revenues in the range of $1.620 billion to $1.650 billion.
  • Expects non-GAAP adjusted earnings per diluted share in the range of $8.80 to $9.15.
  • Believes they are well positioned for a strong fiscal 2025 with a backlog near all-time highs.
  • Visibility into a robust pipeline of opportunities.
  • Expects Security division to continue its strong performance.

Headwinds

  • Actual revenues and adjusted diluted earnings per share could vary from guidance due to various factors.
  • Delays related to the award of domestic and international contracts.
  • Failure to secure the renewal of key customer contracts.
  • Delays in customer programs.
  • The hospital spending environment continues to pose challenges for the patient monitoring sector.

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 2024

Historical avgQ4 2024

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro