OSI Systems: Q2 Earnings Insights - OSI Systems (NASDAQ:OSIS)

OSI Systems OSIS reported its Q2 earnings results on Thursday, January 27, 2022 at 09:00 AM.

Here's what investors need to know about the announcement.

OSI Systems beat estimated earnings by 9.4%, reporting an EPS of $1.28 versus an estimate of $1.17, which did not surprise analysts.

Revenue was up $672.00 thousand from the same period last year.

Last quarter the company beat on EPS by $0.04, which was followed by a 1.06% drop in the share price the next day.

Here's a look at OSI Systems's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.12	1.48	1.33	1.14
EPS Actual	1.16	1.54	1.38	1.35
Revenue Estimate	270.24M	316.94M	290.51M	272.66M
Revenue Actual	279.26M	332.20M	283.79M	276.01M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

OSI Systems management provided guidance for their next quarter, expecting earnings between $5.75 and $6.02 per share for the next quarter.

This represents a 359.77% in quarter-over-quarter growth for OSI Systems, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.