Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2021
News provided by
Share this article
Financial Highlights
Non-GAAP gross margin was at 36.4%, compared to 35.6% for the comparable prior year period.
Non-GAAP net income attributable to Hollysys was $71.7 million, a decrease of 7.9% compared to the comparable prior year period.
Non-GAAP diluted EPS was $1.18, a decrease of 7.8% compared to the comparable prior year period.
Net cash provided by operating activities was $48.6 million for the current period.
DSO of 186 days, compared to 188 days for the comparable prior year period.
Inventory turnover days of 52 days, compared to 57 days for the comparable prior year period.