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Homeland Security

Earnings News & Notes

By Cal Biesecker

Tuesday, August 31st, 2021

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Earnings News & Notes

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

OSI Systems [OSIS] 4Q21 4Q20 FY21 FY20 Sales $332.2M $277M $1.1B $1.2B Net Inc. $25.9M, $1.40 $14.0M, $0.76 $74M, $4.03 $75.3M, $4.05 Sales in the quarter were 20% higher to a record on strong sales in the Security, and Optoelectronics and Manufacturing divisions. Security sales were up 23% to $201.9 million, which company officials said was due to gains across most of the product portfolio, including cargo and vehicle inspection systems, checkpoints, and the RTT explosive detection system. They also…

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