OSI Systems [OSIS] 4Q08 4Q07 FY08 FY07 Sales $171.2M $152.8M $623.1M $532.3M Net Inc. $5.5M, 0.31 $4.3M, 0.24 $13.9M, 0.78 ($18.8M, 1.12) Continuing a turnaround that began last year by cutting costs and emphasizing profits, net earnings rose 28% on the 12% increase in sales combined with lower overall operating expenses. Operating expenses fell on lower impairment and related restructuring costs and a drop in selling, general and administrative spending. The cost rationalization effort will continue, which will lead to…
Earnings News and Notes
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