Hollysys Automation (HOLI) Reports Q2 EPS of $0.54
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Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2021
March 15, 2022 5:00 PM EDTFirst Half of Fiscal Year 2022 Financial Highlights
Total revenues were $369.6 million, an increase of 13.8% compared to the comparable prior year period. Gross margin was 35.3%, compared to 36.1% for the comparable prior year period. Non-GAAP gross margin was 35.4%, compared to 36.1% for the comparable prior year period. Net income attributable to Hollysys was $44.3 million, a decrease of 14.6% compared to the comparable prior year period. Non-GAAP net income attributable to Hollysys was $51.3 million, a decrease of 3.3% compared to the comparable prior year period. Diluted earnings per... More