OSI Systems (Nasdaq: OSIS) reported earnings on Jan. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q2), OSI Systems missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped.

Gross margins increased, operating margins dropped, net margins contracted.

Revenue details
 OSI Systems logged revenue of $194.0 million. The five analysts polled by S&P Capital IQ hoped for revenue of $210.9 million on the same basis. GAAP reported sales were 3.2% higher than the prior-year quarter's $188.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.70. The five earnings estimates compiled by S&P Capital IQ predicted $0.68 per share. GAAP EPS of $0.60 for Q2 were 1.6% lower than the prior-year quarter's $0.61 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 36.1%, 110 basis points better than the prior-year quarter. Operating margin was 9.6%, 10 basis points worse than the prior-year quarter. Net margin was 6.4%, 10 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $225.7 million. On the bottom line, the average EPS estimate is $0.77.

Next year's average estimate for revenue is $876.5 million. The average EPS estimate is $2.86.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 167 members out of 181 rating the stock outperform, and 14 members rating it underperform. Among 59 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give OSI Systems a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OSI Systems is buy, with an average price target of $87.00.

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