Hollysys Automation (HOLI) Tops Q3 EPS by 14c

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Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and First Nine Months of Fiscal Year 2015 Ended June 30, 2015

May 14, 2015 6:00 PM EDT

BEIJING, May 14, 2015 /PRNewswire/ --

Third Quarter of Fiscal Year 2015 Financial Highlights

Non-GAAP net income attributable to Hollysys was $29.6 million, an increase of 95.6% compared to the comparable prior year period. Total revenues were $118.2 million, an increase of 23.4% compared to the comparable prior year. Non-GAAP gross margin was at 46.0%, compared to 36.2% from the comparable prior year period. Non-GAAP diluted EPS were at $0.50, an increase of 92.3% compared to the comparable prior year period. Net cash used in operating activities was $20.3... More