Latest news with #OSIS
Winnipeg Free Press
4 days ago
- Politics
- Winnipeg Free Press
Learning to spot the fakes — at an early age
Opinion Finland has an enviable record when it comes to figuring out what's true, and what's not. In 2023, as it has done for years, Finland led the Open Society Institute — Sofia's (OSIS) Media Literacy Index. Finns are quite simply better prepared to recognize disinformation and misinformation, and that preparation starts with education. 'Finland's government considers the strong public education system as a main tool to resist information warfare against the country and 'widespread critical thinking skills among the Finnish population and a coherent government response' is thought to be a key element for resisting fake news campaigns,' OSIS wrote in the introduction to the 2023 index. FILE Finland is often at the top of global rankings for media literacy. Canada isn't terribly far behind — we ranked at seventh in 2023, and fourth in education in media literacy. But the Finns have always been out in front. Why? Because they start early. Media literacy is part of the country's national core curriculum — and the effort starts in preschool. Teachers have a broad range of ways to draw media literacy into a variety of lesson plans — as a story in the New York Times pointed out, 'A teacher in Helsinki, Anna Airas, said she and her students searched words like 'vaccination' and discussed how search algorithms worked and why the first results might not always be the most reliable. Other teachers also said that in recent months, during the war in Ukraine, they had used Russian news sites and memes as the basis for a discussion about the effects of state-sponsored propaganda.' Other teachers emphasize how to identify AI-generated photographs: still others teach about the need to go back to examine the original sources for stories on social media sites and the need to weigh the trustworthiness of those sources. It's a valuable effort: with more and more information coming at us every single day, it's important to know what is accurate, and what is designed for other, more sinister ends. That's why the Free Press is joining with the Manitoba government and the Winnipeg School Division to develop a made-in-Manitoba project. The project is following the model of the New York Times Learning Network, and is being designed by local teachers to help teach media literacy for students from kindergarten to Grade 12. It's expected to provide lesson material on issues like data and privacy, propaganda and the responsible use of artificial intelligence. Wednesdays A weekly dispatch from the head of the Free Press newsroom. The problem, in some ways, is a simple one: we're preconditioned to accept information that we already agree with, and, if we do agree with it, we're less likely to rigorously challenge it — or even question it. In fact, we often simply pick it up and run with it, immediately using a piece we agree with to justify our own beliefs. It means we can all be guilty of missing a crucial step along the way — the place where you step back for a second, dig a little deeper, and establish if you really should be passing along a 'news' story that's actually nothing of the kind. The idea is not to tell students what to believe, or even to tell them, 'this source and this source and this source are accurate and can always be trusted.' It's to give them the tools to be able to decide for themselves what an accurate source of information would look like and to discern the signs of misinformation. These are complex times, and huge amounts of information flow into our digital devices — from tablets to laptops to phones — with virtually no filters whatsoever. It's all about giving students a chance in a challenging environment. And maybe catching those pesky Finns.
Business Wire
15-05-2025
- Business
- Business Wire
Deepak Chopra, Executive Chairman of OSI Systems, Receives Lifetime Achievement Award from Association for Corporate Growth, Los Angeles Chapter
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) announces that its Executive Chairman of the Board, Deepak Chopra, was honored with the Lifetime Achievement Award by the Los Angeles Chapter of the Association for Corporate Growth (ACG ® Los Angeles). This award celebrates a career defined by significant contributions to the business ecosystem, including mentorship, deal-making excellence, and community engagement in the growth landscape of Southern California. 'I am truly honored to receive this Lifetime Achievement Award from ACG Los Angeles. This recognition is not just a reflection of my journey, but of the mentors who guided me, the colleagues who inspired me, and the OSI team who believed in a shared vision and has been instrumental in these successes. I am fortunate to have worked with so many amazing people along the way and grateful to be a part of the vibrant Southern California business community,' said Deepak Chopra, OSI Systems' Chairman. About OSI Systems OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or any of its subsidiary companies, visit News Filter: OSIS-G
Yahoo
01-05-2025
- Business
- Yahoo
OSI Systems (NASDAQ:OSIS) Exceeds Q1 Expectations
Security and healthcare technology company OSI Systems (NASDAQ:OSIS) announced better-than-expected revenue in Q1 CY2025, with sales up 9.6% year on year to $444.4 million. The company expects the full year's revenue to be around $1.70 billion, close to analysts' estimates. Its non-GAAP profit of $2.44 per share was 1.5% above analysts' consensus estimates. Is now the time to buy OSI Systems? Find out in our full research report. Revenue: $444.4 million vs analyst estimates of $438.3 million (9.6% year-on-year growth, 1.4% beat) Adjusted EPS: $2.44 vs analyst estimates of $2.40 (1.5% beat) The company slightly lifted its revenue guidance for the full year to $1.70 billion at the midpoint from $1.70 billion Management slightly raised its full-year Adjusted EPS guidance to $9.30 at the midpoint Operating Margin: 12.7%, in line with the same quarter last year Backlog: $1.8 billion at quarter end Market Capitalization: $3.44 billion Ajay Mehra, OSI Systems' President and Chief Executive Officer, stated, 'We are pleased to report a record-breaking third quarter for revenues, non-GAAP earnings and operating cash flow, led by excellent performance in the Security division and growth in the Optoelectronics and Manufacturing division. With record backlog and high visibility into our opportunity pipeline, we anticipate a strong finish to fiscal 2025.' With security scanners deployed at airports and borders worldwide and patient monitors used in hospitals across the globe, OSI Systems (NASDAQ:OSIS) designs and manufactures specialized electronic systems for security screening, patient monitoring, and optoelectronic applications. A company's long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $1.69 billion in revenue over the past 12 months, OSI Systems is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. On the bright side, it can still flex high growth rates because it's working from a smaller revenue base. As you can see below, OSI Systems's 7.1% annualized revenue growth over the last five years was solid. This is an encouraging starting point for our analysis because it shows OSI Systems's demand was higher than many business services companies. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. OSI Systems's annualized revenue growth of 18.5% over the last two years is above its five-year trend, suggesting its demand was strong and recently accelerated. OSI Systems also breaks out the revenue for its most important segment, Security. Over the last two years, OSI Systems's Security revenue (inspection systems) averaged 30.1% year-on-year growth. This segment has outperformed its total sales during the same period, lifting the company's performance. This quarter, OSI Systems reported year-on-year revenue growth of 9.6%, and its $444.4 million of revenue exceeded Wall Street's estimates by 1.4%. Looking ahead, sell-side analysts expect revenue to grow 4.7% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and implies its products and services will face some demand challenges. At least the company is tracking well in other measures of financial health. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. OSI Systems has done a decent job managing its cost base over the last five years. The company has produced an average operating margin of 11%, higher than the broader business services sector. Analyzing the trend in its profitability, OSI Systems's operating margin rose by 2.7 percentage points over the last five years, as its sales growth gave it operating leverage. In Q1, OSI Systems generated an operating profit margin of 12.7%, in line with the same quarter last year. This indicates the company's overall cost structure has been relatively stable. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. OSI Systems's EPS grew at a spectacular 14.6% compounded annual growth rate over the last five years, higher than its 7.1% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. We can take a deeper look into OSI Systems's earnings to better understand the drivers of its performance. As we mentioned earlier, OSI Systems's operating margin was flat this quarter but expanded by 2.7 percentage points over the last five years. On top of that, its share count shrank by 7.3%. These are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. In Q1, OSI Systems reported EPS at $2.44, up from $2.16 in the same quarter last year. This print beat analysts' estimates by 1.5%. Over the next 12 months, Wall Street expects OSI Systems's full-year EPS of $8.95 to grow 12%. It was good to see OSI Systems narrowly top analysts' revenue and EPS expectations this quarter. Overall, this print had some key positives. The stock traded up 3.9% to $212.72 immediately after reporting. Should you buy the stock or not? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Yahoo
01-05-2025
- Business
- Yahoo
OSI: Fiscal Q3 Earnings Snapshot
HAWTHORNE, Calif. (AP) — HAWTHORNE, Calif. (AP) — OSI Systems Inc. (OSIS) on Thursday reported fiscal third-quarter earnings of $41.1 million. On a per-share basis, the Hawthorne, California-based company said it had net income of $2.40. Earnings, adjusted for one-time gains and costs, were $2.44 per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share. The airport security and full-body scanner manufacturer posted revenue of $444.4 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $435.5 million. OSI expects full-year earnings in the range of $9.15 to $9.45 per share, with revenue in the range of $1.69 billion to $1.72 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OSIS at Sign in to access your portfolio
Associated Press
21-04-2025
- Business
- Associated Press
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of OSI Systems, Inc.
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of OSI Systems, Inc. ('OSI' or the 'Company') (NASDAQ: OSIS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether OSI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 13, 2025, Culper Research published a short report on OSI entitled 'OSI Systems (OSIS): SEDENA Unwinds, DoJ Subpoenas Fly, Execs Wave Goodbye.' The report alleges, among other things, that OSI's reported growth in Mexico revenues is 'largely an illusion' and accuses OSI of 'downplaying' U.S. Department of Justice investigations into the Company by making 'deliberately vague and misleading disclosures.' Following publication of the Culper Research report, OSI's stock price fell $6.35 per share, or 3.5%, to close at $175.31 per share on March 13, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980
