OSIS is benefiting from a strong order book in its Security division that accounts for roughly 69% of total revenues.
On the back of news that it had been added to a top picks list by a prominent bank, OSI Systems (OSIS -1.77%) had a good week on the stock exchange. Over the period, the security hardware manufacturer share price improved by more than 5%, according to data compiled by S&P Global Market Intelligence.
OSI Systems (OSIS 15.76%) -- now that's a blast from the past. It's been close to a decade since I last wrote about the maker of X-ray and metal detector systems for air traveler and cargo screening.
OSIS secures an $11-million order for its Optoelectronics division to advance medical innovation.
OSI Systems' first-quarter fiscal 2025 results are expected to reflect the benefits of strong Security growth and a solid backlog.