OSI Systems, Inc. (OSIS) Announces Fiscal Q2 2009 Financial Results
Today before the opening bell, OSI Systems reported a successful second quarter and six months ended December 31, 2008. For the second quarter of fiscal 2009, the company announced revenues of $159.0 million and net income of 4.2 million; this compares to $164.2 million in revenues and $3.5 million in net income reported for the same period of the previous year. Deepak Chopra, OSI Systems’ Chairman and CEO, stated, "Despite being the most challenging economic environment in decades, our financial results for the second quarter of fiscal 2009 continue to demonstrate the earnings-generating potential of our businesses. We significantly improved…