Hollysys Automation (HOLI) Tops Q2 EPS by 7c; FY Rev. Guidance Falls Short of Views
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Hollysys Automation Technologies Reports Unaudited Financial Results for the First Half Year and the Second Quarter Ended December 31, 201
February 14, 2017 5:00 PM ESTFirst Half Year of Fiscal Year 2017 Financial Highlights
- Non-GAAP net income attributable to Hollysys was $33.8 million, a decrease of 47.3% compared to the comparable prior year period.
- Total revenues were $202.7 million, a decrease of 27.1% compared to the comparable prior year period.
- Non-GAAP gross margin was at 29.2%, compared to 39.6% for the comparable prior year period.
- Non-GAAP diluted EPS were at $0.56, a decrease of 47.2% compared to the comparable prior year period.
- Net cash provided by operating activities was $54.1 million for... More
