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Earnings News & Notes

Earnings News & Notes
Rapiscan Eagle P60 drive-through cargo and vehicle inspection system. Photo: OSI Systems

OSI Systems [OSIS] 3Q20                   3Q19 Sales                    $292.9M             $304.3 Net Inc.               $19.6M, $1.06   $19.6, 1.05 Sales were down nearly 4% on declines at the Healthcare and Security segments, with Security down 3% to $187.1 million due to delays in aviation and cargo security business lines stemming from the ongoing COVID-19 pandemic. Access to some locations is limited and government personnel aren’t available to do final acceptance, Alan Edrick, OSI’s chief financial officer, said on the company’s earnings call. The company is…

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