WASHINGTON (dpa-AFX) - OSI Systems Inc. (OSIS) reported earnings for its first quarter that climbed from the same period last year.
The company's profit totaled $19.05 million, or $1.04 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 $21.22 million or $1.16 per share for the period.
Analysts had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 8.7% to $254.91 million from $279.26 million last year.
OSI Systems Inc. earnings at a glance:
-Earnings (Q1): $21.22 Mln. vs. $19.48 Mln. last year. -EPS (Q1): $1.16 vs. $1.06 last year. -Analysts Estimate: $1.12 -Revenue (Q1): $254.91 Mln vs. $279.26 Mln last year.
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