Hollysys Automation (HOLI) Misses Q3 EPS by 8c, Slight Beat on Revenues
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Hollysys Automation Technologies Reports Unaudited Financial Results for the First Nine Months and the Third Quarter Ended March 31, 2018
May 14, 2018 5:00 PM EDTFirst Nine months of Fiscal Year 2018 Financial Highlights
Non-GAAP net income attributable to Hollysys was $80.3 million, an increase of 69.1% compared to the comparable prior year period. Total revenues were $393.5 million, an increase of 33.9% compared to the comparable prior year period. Non-GAAP gross margin was at 37.6%, compared to 29.6% for the comparable prior year period. Non-GAAP diluted EPS were at $1.32, an increase of 67.1% compared to the comparable prior year period. Net cash provided by operating activities was $77.3 million for the current... More