Hollysys Automation (HOLI) Tops Q2 EPS by 4c
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Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2020
March 4, 2021 5:00 PM ESTFirst Half of Fiscal Year 2021 Financial Highlights
Total revenues were $324.8 million, an increase of 10.7% compared to the comparable prior year period. Non-GAAP gross margin was at 36.1%, compared to 36.9% for the comparable prior year period. Non-GAAP net income attributable to Hollysys was $53.0 million, a decrease of 17.1% compared to the comparable prior year period. Non-GAAP diluted EPS was $0.87, a decrease of 17.9% compared to the comparable prior year period. Net cash provided by operating activities was $55.0 million for the current period.... More