RTTNews | Oct 29, 2020 08:58AM EDT

08:57 Thursday, October 29, 2020 (RTTNews.com) - OSI Systems Inc. (OSIS) revealed earnings for its first quarter that advanced from last year.

The company's profit came in at $20.74 million, or $1.10 per share. This compares with $9.34 million, or $0.51 per share, in last year's first quarter.

Excluding items, OSI Systems Inc. reported adjusted earnings of $19.48 million or $1.06 per share for the period.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.1% to $290.85 million from $254.91 million last year.

OSI Systems Inc. earnings at a glance:

-Earnings (Q1): $19.48 Mln. vs. $17.17 Mln. last year.-EPS (Q1): $1.06 vs. $0.91 last year.-Analysts Estimate: $0.92-Revenue (Q1): $290.85 Mln vs. $254.91 Mln last year.

-Guidance:Full year EPS guidance: $4.65 - $5.10Full year revenue guidance: $1.10 - $1.142 Bln

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