OSI Systems Receives $15M Order For Airport Screening Systems
Portfolio Pulse from Benzinga Newsdesk
OSI Systems, Inc. (NASDAQ:OSIS) has announced that its Security division has received an international order worth approximately $15 million for its various checkpoint screening solutions. The order includes the Orion® 920CT and Orion® 920DX checkpoint screening systems, and the Itemiser® 5X explosive trace detection system. The company will also provide ongoing maintenance, service, and support for these products.
November 09, 2023 | 1:36 pm
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OSI Systems has received a significant international order for its checkpoint screening solutions. This could potentially increase the company's revenues and profitability in the short term.
The $15 million order for OSI Systems' checkpoint screening solutions is a significant one. This could potentially increase the company's revenues and profitability in the short term, which could have a positive impact on its stock price. The company's commitment to provide ongoing maintenance, service, and support for these products also indicates a potential for recurring revenue.
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