Hollysys Automation (HOLI) Tops Q1 EPS by 4c

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Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2017

November 13, 2017 5:00 PM EST

BEIJING, Nov 13, 2017 /PRNewswire/ --

First Quarter of Fiscal Year 2018 Financial Highlights

Non-GAAP net income attributable to Hollysys was $21.9 million, a decrease of 3.6% compared to the comparable prior year period. Total revenues were $115.5 million, an increase of 11.6% compared to the comparable prior year period. Non-GAAP gross margin was at 36.6%, compared to 29.6% for the comparable prior year period. Non-GAAP diluted EPS were at $0.36, a decrease of 5.3% compared to the comparable prior year period.... More