HAWTHORNE, Calif. (AP) — HAWTHORNE, Calif. (AP) — OSI Systems Inc. (OSIS) on Thursday reported fiscal third-quarter earnings of $34 million.
The Hawthorne, California-based company said it had net income of $1.95 per share. Earnings, adjusted for one-time gains and costs, came to $2.16 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.11 per share.
The airport security and full-body scanner manufacturer posted revenue of $405.4 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $403.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSIS at https://www.zacks.com/ap/OSIS
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