Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2024
Hollysys(HOLI) prnewswire.com·2024-05-17 05:00
First Nine Months of Fiscal Year 2024 Financial HighlightsTotal revenues were $597.1 million, an increase of 2.5% compared to the comparable prior year period.Gross margin was 31.0%, compared to 33.4% for the comparable prior year period. Non-GAAP gross margin was 31.2%, compared to 33.6% for the comparable prior year period.Net income attributable to Hollysys was $49.7 million, a decrease of 38.8% compared to the comparable prior year period. Non-GAAP net income attributable to Hollysys was $51.0 million, ...