Earnings News and Notes

May 2013
TR2: Terror Response Technology Report;5/8/2013, p5
Trade Publication
The article reports on the financial performance of OSI Systems (OSIS), a provider of specialized electronic systems and components, during the third quarter of 2012. Sales fell 5 per cent while net income rose 7 per cent. Factors that prompted the firm to lower its sales forecast for the fiscal year include unexpected decline in healthcare sales, delays in U.S. security awards, and weakness in the European government market. Revenues in Rapiscan Systems, its security division, are also noted.


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