Articles from OSI Systems, Inc.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an international award valued at approximately $12 million to provide multiple units of the Eagle® M60 ZBx multi-energy, mobile cargo and vehicle inspection system with combinational imaging, including follow-on maintenance and support. These inspection systems are expected to be used for international border and security requirements.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the three and six months ended December 31, 2024.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division has received an international order for approximately $32 million to provide Eagle® M60 high-energy mobile inspection systems for border security applications. As a part of this award, the Company expects to provide service and training to support the deployment and operations of these systems.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, January 23, 2025 at 9:00 am PT to discuss its results for the quarter ended December 31, 2024.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will be presenting at the CJS 25th Annual New Ideas for the New Year Conference on Tuesday, January 14, 2025 at 11:45 AM ET.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order from an international customer valued at approximately $81 million to provide multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system. The inspection systems are expected to be used for securing borders and critical infrastructure.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order valued at approximately $23 million to assist in the deployment and integration of long-range radio frequency (RF) critical communication systems. As part of the award, the Company is expected to provide critical hardware as well as technical services designed to enhance the long-term availability of US government strategic RF communications capability in critical regions of the world.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order for approximately $27 million to provide a range of checkpoint and hold baggage screening solutions to an international customer. Among the systems to be delivered are the RTT® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion® 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan® TRS™ (Tray Return System) for inspecting carry-on items, Orion 928DX for screening air cargo and pallets, and Itemiser® 5X for detecting trace amounts of explosives and narcotics.

OSI Systems, Inc. (the "Company" or “OSI”) (NASDAQOSIS) announced today that, following a search process, its Board of Directors has appointed Ajay Mehra, current President of OSI’s Security division and Executive Vice President of OSI, as the Company’s new President and Chief Executive Officer, effective January 1, 2025. Mr. Mehra will succeed Deepak Chopra, who will transition to Executive Chairman of the Board.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received an order for approximately $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer (OEM), known for innovative and specialized medical solutions.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received an order for approximately $6 million from a leading healthcare original equipment manufacturer (OEM) to provide optical sensors for use in its patient care devices.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Healthcare division, Spacelabs Healthcare®, has received an order valued at approximately $6 million to provide patient monitoring solutions and related supplies and accessories to a U.S. based hospital system. The Company expects to provide a range of patient monitoring tools, including Xhibit® Central Stations, Xprezzon bedside monitors, Qube® portable patient monitors, and the ICS G2 clinical information system, including SafeNSoundTM alarm management features.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the first quarter of fiscal 2025.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, October 24, 2024 at 9:00 am PT to discuss its results for the quarter ended September 30, 2024.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division has successfully commenced operations in Uruguay in collaboration with its Ministry of Economics and Finance to enhance security and efficiency at Uruguay's ports and borders through advanced customs screening applications.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received a contract with an initial order valued at approximately $27 million from a U.S. based customer for maintenance service and technology support for its installed base of Rapiscan® cargo and vehicle inspection systems. In addition to the initial order, which is expected to be completed in fiscal 25, this contract award also includes four option periods over approximately three years valued at $117 million in total if all are exercised by the customer.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division was awarded a contract valued at approximately $26 million from an international customer. As part of this award, the Company is expected to provide comprehensive maintenance services and advanced operator training for this customer’s existing fleet of Rapiscan cargo and vehicle inspection systems used at port and border crossings.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division received an order valued at approximately $5 million to deliver advanced optical sensors to a top-tier defense electronics original equipment manufacturer (OEM). These high-precision components are designed for integration into complex navigation and guidance systems.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2024.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, August 22, 2024 at 9:00am PT to discuss its results for the fourth quarter and fiscal year ended June 30, 2024.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order from an international customer for approximately $10 million to provide the Company’s Z Backscatter® Van (ZBV®) cargo and vehicle inspection systems including follow on maintenance, training and support. These inspection systems are expected to be deployed for border customs applications.

OSI Systems, Inc. (NASDAQOSIS) (the “Company” or “OSI”) today announced the pricing of its offering of $300 million aggregate principal amount of 2.25% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $275 million aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on July 19, 2024, subject to customary closing conditions. OSI also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $50 million principal amount of notes.

OSI Systems, Inc. (NASDAQOSIS) (the “Company” or “OSI”) today announced its intention to offer, subject to market and other conditions, $275 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). OSI also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $41.25 million principal amount of notes.

OSI Systems, Inc. (NASDAQOSIS) today announced that Alan Edrick, Executive Vice President and Chief Financial Officer, will be participating in the CJS Securities 24th Annual New Ideas Summer Conference. The event is scheduled for July 10, 2024 at the Metropolis Country Club in White Plains, NY. The Company will present and host one-on-one meetings with investors.

OSI Systems, Inc. (NASDAQOSIS) today announced that its Security division received an order valued at approximately $17 million from an international customer for cargo and vehicle inspection systems. Among the systems to be provided are the Eagle® P60 high-energy, drive-through cargo and vehicle inspection system and the T60 trailer-mounted vehicle inspection system. The Company also expects to provide system installation, training and multi-year service and maintenance support.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order valued at approximately $11 million to provide multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system, including follow-on maintenance and support. The inspection systems are expected to be used for international border and security requirements.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order for approximately $10 million to provide multiple units of its RTT® 110 (Real Time Tomography) explosive detection system to screen passengers’ hold (checked) baggage at an international airport in Latin America. The Company is also expected to provide ongoing maintenance, service, and support.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received an order totaling approximately $7 million to provide navigation sensors to a leading aerospace and defense OEM.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division has received an order from an international customer valued at approximately $11 million to provide customized radiation monitoring portals and related services and support.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division was awarded a contract from an international airport for approximately $42 million to provide a range of checkpoint and hold baggage screening solutions. Among the systems to be included are the RTT® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion® 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan TRS™ (Tray Return System) for inspecting carry-on items, and the 935DX large tunnel systems for screening air cargo and pallets. Additionally, as part of this contract, OSI Systems is also responsible for comprehensive multi-year maintenance, service, and support.

OSI Systems, Inc. (NASDAQOSIS) today announced that Alan Edrick, Executive Vice President and Chief Financial Officer, is scheduled to participate in the B. Riley Securities 24th Annual Institutional Investor Conference on May 22 & 23, 2024, in Beverly Hills, California. The two-day event features a comprehensive schedule with multiple tracks, including moderated fireside chats, panel discussions, and one-on-one investor meetings. OSI Systems’ fireside chat will be held on Thursday, May 23rd at 2:30pm PT.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) announced that its Optoelectronics and Manufacturing division has received an order valued at approximately $7 million to provide portable health monitoring devices to a leading-edge healthcare provider of point of care diagnostic solutions.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order from an international customer for approximately $9 million to provide the Company’s Eagle® M60 high energy mobile cargo and vehicle inspection systems including related service and support. This order represents the initial fulfillment under a multi-year framework agreement between the Company and the customer, setting the stage for future supply of additional solutions.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received an order for approximately $6 million to provide electronic assemblies to an advanced engineered solutions OEM.

OSI Systems, Inc. (the "Company") (NASDAQOSIS) announced today that Chairman and Chief Executive Officer Deepak Chopra has informed the Company’s Board of Directors of his plans to retire from his roles as President and Chief Executive Officer by the end of the current calendar year, after the appointment of a successor. Following his retirement as President and CEO, Mr. Chopra will continue to work with the Company as Executive Chairman of the Board.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will be presenting at the Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, 2024 at 12:45 PM ET.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the three and nine months ended March 31, 2024.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, April 25, 2024 at 9:00am PT to discuss its results for the quarter ended March 31, 2024.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $6 million to provide patient monitoring solutions and related accessories to a U.S. based hospital. Among the solutions that the Company is expected to provide are Xhibit® Central Stations, Xprezzon® patient monitors, and Qube® patient monitors.

OSI Systems, Inc. ("OSI Systems" or the "Company") (NASDAQOSIS) announced that its Security division received a $5 million order to provide 920CT baggage screening technology for passenger checkpoints at a leading European international airport.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) announced today that its Security division, a premier global provider of security and inspection systems, has secured an international contract award valued at approximately $100 million to provide cargo and vehicle inspection systems, as well as ongoing maintenance services and training.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) announced that its Optoelectronics and Manufacturing division has received an order for approximately $15 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer (OEM), known for innovative and specialized medical solutions.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that a non-intrusive inspection system from the Company’s Security division was used to detect six and a half tons of methamphetamine in a tractor-trailer truck at the Eagle Pass Port of Entry, the largest such seizure ever at a U.S. port of entry.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received an order valued at approximately $3 million to supply advanced optical sensors to a leading defense electronics original equipment manufacturer (OEM). These high-precision components are designed for integration into sophisticated missile systems.

OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQOSIS) today announced that its Security division has been awarded a $16 million contract by an international airport to enhance its checkpoint security infrastructure. This checkpoint lane upgrade includes supplying advanced 920CT screening systems integrated with automated tray return systems (TRS) lanes to streamline security operations. As part of this award, the Company is also expected to provide multi-year maintenance, service, and support.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division was awarded a contract for approximately $27 million to provide Itemiser® 5X explosive trace detection (ETD) systems for secondary screening of passengers and carry-on baggage at airport checkpoints along with related consumables to a leading European airport.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will present at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 4, 2024, at 08:00 AM PT.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will present at the TD Cowen 45th Annual Aerospace & Defense Conference on Wednesday, February 14, 2024, at 10:00 AM ET.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the three and six months ended December 31, 2023.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, January 25, 2024 at 9:00am PT to discuss its results for the quarter ended December 31, 2023.

OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQOSIS) today announced that its Security division received an order from a leading global air cargo logistics provider for approximately $4 million to provide advanced security inspection systems including the Rapiscan® RTT®110 CT-based explosive detection system, the Rapiscan Orion® 927DX and 935DX for large package screening, and the Rapiscan Orion 920CX for small parcel screening, among others.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will be presenting at the CJS 24th Annual New Ideas Conference on Wednesday, January 10, 2024 at 2:20 PM ET.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received a contract from a customer in the EMEA region valued at approximately $59 million to provide various cargo and vehicle inspection platforms including the Eagle® G60 high-energy, gantry-mounted cargo inspection system, Eagle® P60 high-energy, drive-through cargo and vehicle inspection system, Eagle® M60 high-energy mobile cargo and vehicle inspection system, CarView® multi-technology, top-view passenger vehicle inspection system, and Guardian™ VM500 Series radiation portal monitor. The Company is expected to integrate the inspection systems into a national command center via its CertScan® integration platform and provide maintenance, training, and service support as part of this award.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Healthcare division, Spacelabs Healthcare®, has received an order valued at approximately $5 million to provide patient monitoring solutions and related supplies and accessories to a U.S. based hospital. The Company expects to install a range of patient monitoring tools including the Rothman® Index, an AI-enabled predictive analytics solution; SafeNSound™, a clinical workflow solution; and Xhibit® Central Stations with XTR Telemetry and Qube® bedside patient monitors.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received orders totaling approximately $5 million to provide electronic assemblies to a leading technology OEM. The Company plans to use its operations in the United Kingdom to fulfill these orders.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division was awarded a contract from an international airport for approximately $18 million to provide various checkpoint and hold baggage screening solutions. Among the systems to be provided are the RTT® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Metor® Walk-Through Metal Detector, and Itemiser® 5X explosive trace detection system for secondary screening of passengers. As part of this award, the Company is also engaged to provide comprehensive multi-year maintenance, service, and support.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division was awarded a contract valued at approximately $5 million from a Latin American customer to provide cargo and vehicle inspection solutions, including installation and integration support. Among the solutions to be provided are the Eagle® P60 high-energy, drive-through cargo and vehicle inspection system, Z Portal® high-throughput, drive-through inspection system, and the VM500 drive-through radiation monitoring portal.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received orders totaling approximately $5 million to provide electronic assemblies to a leading motion control and fluid technology OEM.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Optoelectronics and Manufacturing division has received multiple orders for approximately $4 million in aggregate to provide missile guidance and detection components to a leading defense electronics original equipment manufacturer (OEM).

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an international order for approximately $15 million to provide multiple units of its various checkpoint screening solutions. Among the systems to be provided include the Orion® 920CT checkpoint screening system, Orion® 920DX dual view checkpoint screening system, and Itemiser® 5X explosive trace detection system. The Company will also provide ongoing maintenance, service, and support for these products.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $3 million to provide patient monitoring solutions and related accessories to a U.S. based hospital. The Company is expected to provide Xhibit® Central Stations, Qube® patient monitors, XTR telemetry, and related accessories.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Healthcare division, Spacelabs Healthcare®, has received an order valued at approximately $4 million to provide patient monitoring solutions and related accessories to a U.S. based hospital. The Company expects to install its Xhibit® Central Stations with XTR Telemetry, and Qube® bedside patient monitors.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the first quarter of fiscal 2024.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division has received orders valued at approximately $24 million in aggregate from a U.S. government customer. As part of these awards, Rapiscan will provide our latest cargo and vehicle inspection systems, including installation, training, and support. Additionally, the Company will provide ongoing maintenance service and support on our existing non-intrusive inspection (NII) solutions in the field.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, October 26, 2023 at 9:00am PT to discuss its results for the quarter ended September 30, 2023.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division has entered into a 10-year contract to provide a turnkey screening solution to Uruguay’s Ministry of Economics and Finance for customs screening applications at ports and borders. The Company is expected to deploy and integrate EAGLE® T60 high-energy, trailer-mounted vehicle inspection systems, perform security screening and remote image analysis utilizing its proprietary CertScan® integration platform, and provide hands-on operator and management training and maintenance, service and support.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division was awarded a contract valued at approximately $10 million from an international customs agency to provide a dual-energy X-ray cargo and vehicle inspection solution, including multi-year follow on maintenance, service and support.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will be presenting at the 2023 Jefferies Industrials Conference on Wednesday, September 6, 2023, at 10:00 AM ET.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2023.

OSI Systems, Inc. (NASDAQOSIS) today announced that its Rapiscan Itemiser® 5X Explosive Trace Detection (ETD) device has met the qualification standards set by the TSA for inclusion on the Air Cargo Screening Technology List (ACSTL). The ACSTL provides a list of approved technologies to be used by the air cargo industry, including carriers, freight forwarders, and shippers, for meeting the U.S. regulatory requirements and enhancing cargo security.

OSI Systems, Inc. (NASDAQOSIS) today announced that its Security division received a contract award valued at approximately $14 million from a South America based customer to provide multiple units of its Eagle® P60 high-energy, drive-through cargo and vehicle inspection system, VM250 radiation portal monitor, and MINI Z® handheld backscatters devices, among others. The Company plans to fully support the integration with Certscan®, offer installation assistance, provide local operator training, and deliver multi-year service and maintenance.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order from a U.S. customer for approximately $14 million to provide civil works and installation support for the Company’s cargo and vehicle inspection systems.

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, August 24, 2023 at 9:00 am PT to discuss its results for the fourth quarter and fiscal year ended June 30, 2023.

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQOSIS) today announced that its Security division received an order from a European customer for approximately $12 million to provide service and support for RTT® 110 (Real Time Tomography) explosive detection systems that are utilized to screen airport passengers’ hold (“checked”) baggage.

OSI Systems, Inc. (NASDAQOSIS), today announced that it will be presenting at the 2023 Jefferies Healthcare Conference on Friday, June 9, 2023, at 8:30 AM ET.