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Earnings News & Notes

Cal Biesecker By
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OSI Systems [OSIS]                                    4Q16               4Q15               FY16               FY15Sales                            $221.5             $266.6             $829.7M          $958.2MNet Inc.                       $5.9M, 0.30     $22.4M, 1.09   $26.2M, $1.30$65.2M, $3.17Sales fell 17% on declines across all three of the company’s segments with the Security and Healthcare businesses off the most. Sales in the Rapiscan Systems security segment fell 19% to $110.5 million due to contract delays and a slower conversion of backlog into revenue, says Deepak Chopra, the company’s president and CEO. For example, he says, a $20 million…

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