$OSIS (OSI Systems, Inc.)

$OSIS {{ '2016-06-29T15:19:29+0000' | timeago}} • Announcement

$OSIS said that its Security division, Rapiscan Systems, received two orders from an international customer totaling approx. $9MM for multiple units of Eagle Cargo and Vehicle Inspection systems; 600 series Baggage and Parcel Inspection systems; Metor people screening systems; and related services and support.

$OSIS {{ '2017-09-12T13:40:20+0000' | timeago}} • Announcement

$OSIS said its Security division received an order totaling about $9MM to provide multiple platforms of cargo and vehicle inspection (CVI) systems, including civil works and installation support.

$OSIS {{ '2017-09-06T14:41:33+0000' | timeago}} • Announcement

The Security division of $OSIS received a delivery order valued at about $21MM from U.S. Customs and Border Protection (CBP) to provide Z Portal cargo and vehicle screening systems. The company has now received about $56MM in orders under the indefinite delivery, indefinite quantity contract since its inception.

$OSIS {{ '2017-08-10T14:38:07+0000' | timeago}} • Announcement

Electronics company $OSIS said its security division received a $40MM contract to implement a countrywide security scanning program. The contract includes high energy cargo and vehicle scanning systems.

$OSIS {{ '2017-07-25T15:10:51+0000' | timeago}} • Infographic

$OSIS said its security division received an order worth around $6MM from an international customer. The order is for security inspection systems, including rail cargo scanners, radiation monitoring portals, baggage and parcel inspection systems and trace detection desktops.

$OSIS {{ '2017-07-11T12:41:38+0000' | timeago}} • Announcement

Electronics company $OSIS said its Security division has received an order worth $20MM to provide spare parts for supporting the Z-Backscatter cargo and vehicle inspection systems.

$OSIS {{ '2017-07-10T12:42:00+0000' | timeago}} • Announcement

$OSIS completed its previously announced acquisition of the former Morpho global explosive trace detection (ETD) business from Smiths Group plc for $75.5MM in cash.

$OSIS {{ '2017-06-30T13:13:03+0000' | timeago}} • Webcast

$OSIS' Security division received orders totaling about $24MM to perform maintenance and support services for multiple categories of security inspection products. This includes models within Rapiscan's Eagle and AS&E's Z Portal and ZBV Cargo and Vehicle Inspection systems and Rapiscan's 600 series Baggage and Parcel Inspection product lines.

$OSIS {{ '2017-06-22T13:57:47+0000' | timeago}} • Announcement

$OSIS said its Security division has received an order for about $9MM from an international customer to provide multiple units of its Rapiscan Eagle P60 high-energy, drive-through cargo and vehicle inspection system. The P60 system is well suited for heavy traffic gateways such as ports and border crossings.

$OSIS {{ '2017-06-21T13:11:11+0000' | timeago}} • Announcement

$OSIS said its Security division received contract valued at about $23MM from a major European airport group to provide multiple units of its RTT 110 (Real Time Tomography) Explosive Detection Systems.

$OSIS {{ '2017-06-01T13:28:31+0000' | timeago}} • Announcement

$OSIS will acquire the global explosive trace detection business from Smiths Group plc for $75.5MM in cash. $OSIS expects to fund the acquisition with a combination of balance sheet cash and borrowings from its existing $525MM credit facility. The transaction is expected to add to its FY18 non-GAAP diluted EPS.

$OSIS {{ '2017-05-01T14:04:16+0000' | timeago}} • Announcement

$OSIS said its Security division has received a Foreign Military Sales (FMS) 2-year contract extension from the U.S. Department of Defense valued at about $23MM to provide training, service and logistics support for its Rapiscan cargo and vehicle inspection systems.

$OSIS {{ '2017-04-25T19:00:55+0000' | timeago}} • Announcement

$OSIS' Security division was awarded a multi-year contract valued at approx. $7MM by an international airport authority. The company will provide Rapiscan 620XR baggage and parcel inspection systems, including follow on maintenance and support services.

$OSIS {{ '2017-04-05T13:38:13+0000' | timeago}} • Announcement

$OSIS said its Security division received a contract valued at about $15MM to provide multiple cargo and vehicle inspection solutions, including OmniView Gantry cargo inspection systems.

$OSIS {{ '2017-03-06T15:46:00+0000' | timeago}} • Announcement

$OSIS healthcare division, Spacelabs Healthcare, has received an approx $8MM order to provide patient monitoring solutions and related accessories to a prominent US hospital group.

$OSIS {{ '2017-01-27T18:44:30+0000' | timeago}} • Announcement

$OSIS reiterated its FY17 sales outlook of $955-990MM and non-GAAP EPS guidance of $2.80-3.20. During 2Q16, $OSIS continued to face challenges in its Healthcare division with YoverY sales down 8%. The company looks forward to improvements in the 2H17.

$OSIS {{ '2017-01-27T18:41:51+0000' | timeago}} • Announcement

$OSIS reported a rise in 2Q17 earnings driven by positive contribution from American Science and Engineering, which was acquired during 1Q. Net income rose to $4.83MM or $0.25 per share from $0.11MM or $0.01 per share last year. Revenue grew to $242.55MM from $197.34MM. Non-GAAP EPS increased to $0.68 from $0.42.

$OSIS {{ '2016-12-21T14:06:17+0000' | timeago}} • Announcement

$OSIS has entered into an amendment to its senior secured credit facility that increases the amount available from $450MM to $525MM. The amendment also lowers borrowing costs, extends the maturity from May 2019 to December 2021, and increases the flexibility of certain restrictive covenants.

$OSIS {{ '2016-12-05T13:59:36+0000' | timeago}} • Announcement

$OSIS said its Security division received a contract valued at about $7MM from a major European Union international airport to provide multiple Rapiscan RTT 110 (Real Time Tomography) Systems.

$OSIS {{ '2016-10-24T14:07:53+0000' | timeago}} • Announcement

$OSIS's recently acquired business, American Science and Engineering, Inc., said it has been awarded an indefinite delivery, indefinite quantity contract from U.S. Customs and Border Protection for Z Portal cargo and vehicle screening systems. The two-year Z Portal sole-source IDIQ contract is valued at up to $64MM.

$OSIS {{ '2016-09-12T13:46:36+0000' | timeago}} • Announcement

Maker of specialized electronic systems $OSIS completed its acquisition of $ASEI, a provider of detection solutions for advanced cargo and personnel inspection. The company acquired all issued and outstanding shares of $ASEI for $37 per share in cash and assumed certain unvested equity awards of the latter, for a purchase price of approx. $269MM.

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