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Earnings News and Notes

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OSI Systems [OSIS] 2Q09 2Q08 Sales $159M $164.2M Net Inc. $4.2M, $0.24 $3.5M, 0.20 Sales fell 3% on continued weakness in the healthcare market, specifically due to the difficulty of hospitals in the U.S. to obtain credit to finance planned purchases, combined with the foreign exchange impact of a stronger dollar. Net income increased 20% driven by a more than five-fold increase in operating income at the Security division to $4.8M. Deepak Chopra, OSI's chairman and CEO, says that the…

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