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Earnings News & Notes

Earnings News & Notes
Tunnel entrance to Rapiscan's RTT 110 explosive detection system. Photo: OSI Systems

OSI Systems [OSIS] 4Q20                   4Q19                   FY20                    FY19 Sales                    $277M                $308.4M             $1.2B                  $1.2B Net Inc.               $14M, $0.76      $16.7, 0.89         $75.3M, $4.05   $65M, $3.46 Sales in the quarter fell 10% driven by a 16% decline in Security segment sales to $163.6 million as the COVID-19 pandemic continues to delay business in the aviation and cargo security lines, although Deepak Chopra, OSI’s president and CEO, says the “opportunity pipeline continues to remain very strong.” He says the sales…

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