RTTNews | Jan 27, 2022 09:10AM EST

09:10 Thursday, January 27, 2022 (RTTNews.com) - OSI Systems Inc. (OSIS) released earnings for second quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $19.80 million, or $1.09 per share. This compares with $20.04 million, or $1.10 per share, in last year's second quarter.

Excluding items, OSI Systems Inc. reported adjusted earnings of $23.19 million or $1.28 per share for the period.

Analysts on average had expected the company to earn $1.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.2% to $276.68 million from $276.01 million last year.

OSI Systems Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $19.80 Mln. vs. $20.04 Mln. last year.-EPS (Q2): $1.09 vs. $1.10 last year.-Analyst Estimates: $1.17-Revenue (Q2): $276.68 Mln vs. $276.01 Mln last year.

-Guidance:Full year EPS guidance: $5.75 - $6.02Full year revenue guidance: $1.160 - $1.195 Bln

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