RTTNews | Aug 18, 2021 09:02AM EDT

09:02 Wednesday, August 18, 2021 (RTTNews.com) - OSI Systems Inc. (OSIS) announced a profit for its fourth quarter that advanced from the same period last year.

The company's bottom line came in at $25.89 million, or $1.40 per share. This compares with $13.97 million, or $0.76 per share, in last year's fourth quarter.

Excluding items, OSI Systems Inc. reported adjusted earnings of $28.53 million or $1.54 per share for the period.

Analysts had expected the company to earn $1.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 16.6% to $276.97 million from $332.20 million last year.

OSI Systems Inc. earnings at a glance:

-Earnings (Q4): $28.53 Mln. vs. $22.45 Mln. last year.-EPS (Q4): $1.54 vs. $1.22 last year.-Analysts Estimate: $1.48-Revenue (Q4): $276.97 Mln vs. $332.20 Mln last year.

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