Hollysys Automation (HOLI) Misses Q1 EPS by 10c
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Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2016
November 14, 2016 5:00 PM ESTBEIJING, Nov 14, 2016 /PRNewswire/ --Â
First Quarter of Fiscal Year 2017 Financial Highlights
- Non-GAAP net income attributable to Hollysys was $22.7 million, a decrease of 16.7% compared to the comparable prior year period.- Total revenues were $103.5 million, a decrease of 17.2% compared to the comparable prior year period. - Non-GAAP gross margin was at 29.6%, compared to 39.3% for the comparable prior year period. - Non-GAAP diluted EPS were at $0.37, a decrease of 17.8% compared to the comparable prior year period.- Net cash provided by operating activities was... More
