Brief: Hollysys Automation Reports Q3 Adj EPS Of $0.23

Hollysys Automation Technologies

14/05/2020 22:46

May 14 (Reuters) - Hollysys Automation Technologies Ltd
 HOLI.O :
    * HOLLYSYS AUTOMATION TECHNOLOGIES REPORTS UNAUDITED
FINANCIAL
RESULTS FOR THE THIRD QUARTER AND THE FIRST NINE MONTHS ENDED
MARCH 31, 2020
    * Q3 REVENUE FELL 35.5 PERCENT TO $80.8 MILLION
    * Q3 NON-GAAP EARNINGS PER SHARE $0.23
    * COVID-19 HAS LAID NEGATIVE IMPACT ON OUR BUSINESS
    * WILL BE IMPOSING MORE STRINGENT CRITERIA ON CASH
COLLECTION AND
PAYMENT, CONTRACT QUALITY AND EXPENSE

Source text for Eikon:  ID:nPn2k3P4Fa 
Further company coverage:  HOLI.O 

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