12:13 PM EST, 01/23/2025 (MT Newswires) -- (Updates with the latest stock move in the final paragraph.)

OSI Systems ( OSIS ) reported fiscal Q2 non-GAAP earnings Thursday of $2.42 per diluted share, up from $2.21 a year earlier.

Analysts polled by FactSet expected $2.33.

Revenue for the quarter ended Dec. 31 was $419.8 million, up from $373.2 million a year earlier.

Four analysts surveyed by FactSet expected $406.6 million.

The electronic systems and components manufacturer said it now expects fiscal 2025 non-GAAP earnings of $9.10 to $9.40 per diluted share, compared with its prior guidance of between $9 and $9.30. Analysts polled by FactSet expect $9.16.

Revenue for the fiscal year is now expected to be $1.69 billion to $1.71 billion, compared with earlier outlook of $1.67 billion to $1.70 billion. Analysts surveyed by FactSet expect $1.68 billion.

Shares of the company were up nearly 15% in recent Thursday trading.

Price: 193.83, Change: +24.82, Percent Change: +14.69