Hollysys Automation (HOLI) Misses Q2 EPS by 4c, Revenues Beat
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Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2019
February 19, 2020 5:00 PM ESTFirst Half of Fiscal Year 2020 Financial Highlights
Non-GAAP net income attributable to Hollysys was $63.9 million, a decrease of 11.6% compared to the comparable prior year period. Total revenues were $293.3 million, an increase of 1.8% compared to the comparable prior year period. Non-GAAP gross margin was at 36.9%, compared to 37.7% for the comparable prior year period. Non-GAAP diluted EPS was $1.06, a decrease of 10.9% compared to the comparable prior year period. Net cash provided by operating activities was $109.4 million for the current... More