OSI Systems (OSIS) Rides Record Profits Through A Middle East Storm

OSI Systems released fiscal fourth-quarter results on August 20 that presented divergent narratives between profit margins and revenue performance. The company reported full-year revenue of $1.79 billion below its own guidance, with fourth-quarter revenue declining 4% year over year to $484 million. However, non-GAAP earnings per share reached a record $3.78 for the quarter, representing 17% growth, and full-year non-GAAP EPS climbed 11% to $10.35.
The revenue shortfall traced primarily to appr