Nomura/Instinet Reiterates Reduce on Hollysys Automation (HOLI)

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Hollysys Automation (HOLI) Misses Q4 EPS by 15c, Miss on Revenues

August 14, 2017 5:02 PM EDT

Hollysys Automation (NASDAQ: HOLI) reported Q4 EPS of $0.37, $0.15 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $138 million versus the consensus estimate of $161.26 million.

Fourth Quarter of Fiscal Year 2017 Financial Highlights

Non-GAAP net income attributable to Hollysys was $22.6 million, a decrease of 34.0% compared to the comparable prior... More