India, April 25 -- OSI Systems, Inc. (OSIS) reported on Thursday that net income for the third quarter grew to $34.04 million or $1.95 per share from $21.81 million or $1.27 per share in the prior-year quarter.
Excluding items, adjusted earnings were $2.16 per share, compared to $1.49per share in the year-ago quarter.
On average, four analysts polled by Thomson Reuters expected the company to report earnings of $2.10 per share for the quarter. Analysts' estimates typically exclude special items.
Total net revenues for the quarter grew to $405.41 million from $302.89 million in the same quarter last year. Analysts expected revenues of $403.46 million for the quarter.
Looking ahead to fiscal 2024, the company now projects adjusted earning...