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Earnings News & Notes

By Cal Biesecker

Tuesday, May 11th, 2021

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Earnings News & Notes

Rapiscan's Eagle Portal cargo inspection system: Photo: Rapiscan

OSI Systems [OSIS] 3Q21 3Q20 Sales $283.8M $292.9M Net Inc. $18.8M, $1.03 $19.6M, $1.06 Sales tumbled fell 3% on a 19% decline in revenue in the Security segment due largely to delays in completing installations and testing of cargo screening projects for some customers. The inability to complete these projects for the time being is due to travel restrictions related to the COVID-19 pandemic. Still, company officials say that fourth quarter Security segment sales should increase versus the same quarter…

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