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Earnings News & Notes

Cal Biesecker By
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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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