OSI Systems Inc. Reports 4% Retreat In Q1 Bottom Line

(RTTNews) - OSI Systems Inc. (OSIS) reported earnings for first quarter that decreased compared to the same period last year.

The company said its earnings fell to $10.80 million, or $0.53 per share. This was down from $11.25 million, or $0.55 per share, in last year's first quarter.

The company said revenue for the quarter fell 8.4% to $200.05 million. This was down from $218.40 million last year.

OSI Systems Inc. earnings at a glance:

-Earnings (Q1): $10.80 Mln. vs. $11.25 Mln. last year. -Earnings Decline (Y-o-Y): -4.0% -EPS (Q1): $0.53 vs. $0.55 last year. -EPS Decline (Y-o-Y): -3.6% -Revenue (Q1): $200.05 Mln vs. $218.40 Mln last year. -Revenue Change (Y-o-Y): -8.4%

-Guidance: Full year EPS guidance: $3.75 - $4.00 Full year revenue guidance: $0.98 - $1.02 Bln