$OSIS (OSI Systems, Inc.)

$OSIS {{ '2016-08-16T20:52:37+0000' | timeago}} • Announcement

Electronic systems manufacturer $OSIS reported a decrease in 4Q16 earnings due to lower revenues and higher expenses. Net income was $5.9MM or $0.30 per share in 4Q16 compared to $22.4MM or $1.09 per share in 4Q15. Revenues were $221MM, down 17% from 4Q15.

$OSIS {{ '2018-01-16T15:34:47+0000' | timeago}} • Announcement

$OSIS said that as a follow on to its existing contract, the company's Security division has signed a new two-year agreement with Servicio de Administracion Tributaria, Mexico's tax and customs authority. The agreement values about $130MM over a two-year period beginning Jan. 14, 2018, subject to fluctuations in currency and variation in scope.

$OSIS {{ '2017-12-22T11:52:50+0000' | timeago}} • Announcement

$OSIS said its Security division, through an international competitive tender, was awarded a contract for approx. $14MM from a Pacific Rim region based customer to provide multiple units of its Rapiscan Eagle M60 mobile high energy X-ray cargo and vehicle inspection system and follow on life cycle maintenance and support.

$OSIS {{ '2017-12-06T22:05:25+0000' | timeago}} • Announcement

$OSIS provides the following response to a report by short-sellers Muddy Waters Research. The company stated that its turnkey security inspection programs in Mexico and in Albania were the result of public tenders. Both have resulted in better security, increased seizures of contraband, and improved transparency in customs declarations.

$OSIS {{ '2017-10-17T14:54:46+0000' | timeago}} • Announcement

$OSIS' Security division was awarded a contract of about $21MM from an international customs agency for X-ray based cargo and vehicle inspection systems. This contract value includes a multi-year service agreement for integration and follow on maintenance and support.

$OSIS {{ '2017-10-11T13:32:03+0000' | timeago}} • Announcement

$OSIS' Security division received an order for about $16MM from an airport customer in Panama to provide multiple security inspection platforms. This includes the Rapiscan Systems RTT 110 (Real Time Tomography) explosive detection system for screening checked baggage and the 620DV (Dual-View) checkpoint screening system.

$OSIS {{ '2017-10-05T13:34:21+0000' | timeago}} • Announcement

$OSIS said its Healthcare division Spacelabs Healthcare received an order valued at about $9MM to provide patient monitoring solutions and related accessories to a major U.S.medical center in the Midwest.

$OSIS {{ '2017-10-02T13:18:48+0000' | timeago}} • Announcement

$OSIS said its Security division received an order valued at about $9MM to provide ZBV mobile cargo and vehicle screening systems and associated service and maintenance.

$OSIS {{ '2017-09-28T15:00:48+0000' | timeago}} • Announcement

$OSIS' Healthcare division, Spacelabs Healthcare, received an order valued at approximately $4MM to provide patient monitoring solutions and related accessories to a prominent U.S. hospital.

$OSIS {{ '2017-09-27T13:20:50+0000' | timeago}} • Announcement

$OSIS, a provider of security solutions, has received an order valued at approx $6MM from a logistics and air cargo company for multiple units of Rapiscan Systems, RTT 110 explosive detection system. The RTT helps in inspection of hold baggage and air cargo.

$OSIS {{ '2017-09-26T12:53:23+0000' | timeago}} • Announcement

$OSIS said its Security division received orders valued at approx. $16MM for Explosive Trace Detection systems and related supplies. $OSIS received the order from several customers, including airlines who seek to comply with the recent U.S. Department of Homeland Security (DHS) directive for enhanced screening on U.S. bound passenger flights.

$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.

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