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Business/Financial

Earnings News & Notes

By Cal Biesecker

Tuesday, February 4th, 2020

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Earnings News & Notes

OSI Systems [OSIS] 2Q20 2Q19 Sales $305.3M $303.2 Net Inc. $21.0M, $1.12 $19.1, 1.03 The top line barely eked out a 1 percent gain due to record sales in the Rapiscan Systems security division. Net income was up 10 percent on increases at Rapiscan, and the Optoelectronics and Manufacturing Division. Rapiscan’s sales increased 7 percent to $202.4 million, driven by strong demand for cargo and vehicle inspection system for port and border applications, air cargo, and services, company officials said…

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