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Stock impact report

OSI Systems Receives $40 Million Award for Medical Device Sub-Assemblies

OSI Systems, Inc. (OSIS) 
Last osi systems, inc. earnings: 4/30 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.osi-systems.com
Company Research Source: Business Wire
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division (“Opto”) has received a multi-year award valued at more than $40 million from a leading medical device original equipment manufacturer (OEM) to provide critical electronic sub-assemblies that are utilized in the customer’s medical device platforms.OSI Systems’ President and Chief Executive Officer, Ajay Mehra, commented, “We are pleased to have been selected by this leading medical device OEM for a significant manufacturing program. This award highlights our capabilities in delivering high-quality, reliable solutions that support critical healthcare applications. We look forward to continuing to support this customer’s needs through our global manufacturing footprint.”About OSI SystemsOSI Systems designs and manufactures specialized electronic systems and components for critical applications. The Company operates Show less Read more
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