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Earnings News and Notes

Cal Biesecker By
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Earnings News and Notes
U.S. Customs and Border protection uses imaging equipment such as Rapiscan’s Z Portal for inspecting trucks for contraband. Photo: OSI Systems

OSI Systems [OSIS] 2Q22                   2Q21 Sales                    $276.7M             $276M Net Inc.               $19.8M, $1.09   $20M, $1.10 Sales barely edged higher as an increase in the Optoelectronics segment and a scant gain in the Security segment was partially offset by a decline in Healthcare. Security revenue in the quarter was $145.9 million versus $145.2 million a year ago. Net income dipped slightly as declines at Security--$18.2 million versus $19.8 million—and Healthcare more than offset an increase at Optoelectronics. The COVID-19 pandemic continues to…

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