Hollysys Automation Technologies Reports Unaudited Financial Results for the Fiscal Year and the Quarter Ended June 30, 2015

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Nomura Securities Downgrades Hollysys Automation Technologies (HOLI) to Reduce

August 17, 2015 10:11 AM EDT

Nomura Securities downgraded Hollysys Automation Technologies (NASDAQ: HOLI) from Buy to Reduce with a price target of $16.15 (from $28.78).

Analyst Patrick Xu commented, "We expect no growth in new contracts of industrial automation in FY16-18F due to sluggish demand... More

Hollysys Automation (HOLI) Misses Q4 EPS by 3c

August 14, 2015 7:36 AM EDT

Hollysys Automation (NASDAQ: HOLI) reported Q4 EPS of $0.38, $0.03 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $142.2 million versus the consensus estimate of $163.24 million.

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

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