OSI Systems Inc. (NASDAQ:OSIS) shares are dipping on Friday after the company reported mixed fourth-quarter results and issued fiscal 2027 sales guidance below Wall Street’s estimates.
OSI Systems shares are sliding. Why is OSIS stock dropping?
OSI Systems Posts Record Adjusted Earnings Despite a Revenue Miss
OSI Systems reported fourth-quarter adjusted earnings of $3.78 per share, essentially in line with the $3.77 analyst estimate and up nearly 17% from $3.24 a year earlier. Revenue told a weaker story, coming in at almost $484.06 million, well short of the $529.67 million analysts expected and down about 4% from approximately $504.99 million in the same quarter last year.
Despite the quarterly revenue miss, OSI Systems closed out fiscal 2026 with record full-year revenue of $1.79 billion. Full-year adjusted earnings hit a record $10.35 per share, up 11% from the prior year. The company also posted record operating cash flow of $182 million for the quarter and $276 million for the full year, alongside a record backlog of $1.9 billion.
