Stock Analysis
- United States
- /
- Electronic Equipment and Components
- /
- NasdaqGS:OSIS
OSI Systems Third Quarter 2024 Earnings: In Line With Expectations
OSI Systems (NASDAQ:OSIS) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$405.4m (up 34% from 3Q 2023).
- Net income: US$34.0m (up 56% from 3Q 2023).
- Profit margin: 8.4% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: US$2.00 (up from US$1.30 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
OSI Systems Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's share price is broadly unchanged from a week ago.
Valuation
Our analysis of these results suggests OSI Systems may be undervalued based on 6 important criteria we look at. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
Valuation is complex, but we're helping make it simple.
Find out whether OSI Systems is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:OSIS
Undervalued with solid track record.