OSI Systems Inc. Q4 Profit Increases, Beats Estimates

(RTTNews) - OSI Systems Inc. (OSIS) revealed earnings for its fourth quarter that Increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $52.74 million, or $3.03 per share. This compares with $44.67 million, or $2.55 per share, last year.

Excluding items, OSI Systems Inc. reported adjusted earnings of $3.24 per share for the period.

Analysts on average had expected the company to earn $3.19 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.0% to $504.98 million from $480.90 million last year.

OSI Systems Inc. earnings at a glance (GAAP) :

-Earnings: $52.74 Mln. vs. $44.67 Mln. last year. -EPS: $3.03 vs. $2.55 last year. -Revenue: $504.98 Mln vs. $480.90 Mln last year.