Note: EPS may not be comparable

Hollysys Automation (NASDAQ: HOLI) reported Q2 EPS of $0.60, $0.21 better than the analyst estimate of $0.39. Revenue for the quarter came in at $157.4 million, versus $0 reported last year.

Second Quarter of Fiscal Year 2018 Financial Highlights

• Non-GAAP net income attributable to Hollysys was $36.3 million, an increase of 229.4% compared to the comparable prior year period.
• Total revenues were $157.4 million, an increase of 58.8% compared to the comparable prior year period.
• Non-GAAP gross margin was at 39.4%, compared to 28.7% for the comparable prior year period.
• Non-GAAP diluted EPS were at $0.60, an increase of 233.3% compared to the comparable prior year period.
• Net cash provided by operating activities was $36.1 million for the current quarter.
• DSO of 147 days, compared to 208 days for the comparable prior year period.
• Inventory turnover days of 48 days, compared to 52 days for the comparable prior year period.

For earnings history and earnings-related data on Hollysys Automation (HOLI) click here.