Backlog Blues: Why OSI Systems' Record Cash Flow Can't Save It from Revenue Woes The latest earnings report from OSI Systems, Inc.
has left investors perplexed by the disconnect between its robust financial performance and lackluster top line growth. The company boasts a record operating cash flow and backlog – $1.
9 billion in signed, quantifiable orders expected to generate revenue within five years – but its fourth quarter revenue came up short of expectations by $45 million.