Focus on OSI Systems resolving revenue gap caused by Middle East delivery delays
OSIS OSI Systems Inc
$200.49 +1.81%
View chart & analysis → - 1OSI Systems fell below its annual revenue guidance last quarter.
- 2Management explained that approximately $50 million in Middle East security product deliveries scheduled for the end of the year were delayed due to timing issues.
- 3Management provided FY2027 revenue guidance of $1.875 billion to $1.93 billion and EPS guidance of $11.13 to $11.49.
So what's the key point?
OSI Systems reported lower than expected revenue last quarter because $50 million worth of security products destined for the Middle East were delivered late. The company has provided targets for future revenue and earnings per share.
Source Earnings Whispers · View original ↗
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