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Earnings News & Notes

Cal Biesecker By
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OSI Systems [OSIS]                                    3Q16               3Q15Sales                            $210.8M          $215.4MNet Inc.                       $9.3M, 0.47     $13.2M, 0.64Net income tumbled 30% as the Healthcare division swung to an $188,000 loss versus a $3.7 million profit a year ago and the company posted $1 million in restructuring cost versus nothing a year ago. Research and development expenses were also higher in the quarter. Sales slipped 2% on declines at both the Healthcare and Optoelectronics segments, more than offsetting an 11% uptick in the Security segment to $110.6…

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