Hollysys Automation (HOLI) Reports In-Line Q4 EPS, Revenues Miss
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Hollysys Automation Technologies Reports Unaudited Financial Results for the Fiscal year and the Fourth Quarter Ended June 30, 2019
August 14, 2019 5:00 PM EDTFiscal Year 2019 Financial Highlights
Non-GAAP net income attributable to Hollysys was $126.2 million, an increase of 15.9% compared to the prior year. Total revenues were $570.3 million, an increase of 5.5% compared to the prior year. Non-GAAP gross margin was at 37.1%, compared to 38.2% for the prior year. Non-GAAP diluted EPS was $2.07, an increase of 16.3% compared to the prior year. Net cash provided by operating activities was $100.5 million for the fiscal year 2019. DSO of 180 days, compared to 174 days for the prior year.... More