logo
HOLI_equipment
Hollysys saw encouraging business growth with upgraded capabilities of integrated solutions. The Company signed the Sinopec power center simulation project which covers the whole range of high-precision excitation virtual imitation machine systems

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2022

Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the first quarter of fiscal year 2023 ended September 30, 2022

By AP News
Published - Nov 15, 2022, 09:59 PM ET
Last Updated - Mar 27, 2024, 03:26 PM EDT

First Quarter of Fiscal Year 2023 Financial Highlights

  • Total revenues were $170.0 million, an increase of 10.9% compared to the comparable prior year period.
  • Gross margin was 31.1%, compared to 34.2% for the comparable prior year period. Non-GAAP gross margin was 31.3%, compared to 34.3% for the comparable prior year period.
    • Article Source
    Quick Links
    Categories
    Our Offices
    • 10kInfo, Inc.
      13555 SE 36th St
      Bellevue, WA 98006
    • 10kInfo Data Solutions, Pvt Ltd.
      Claywork Create
      11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
      Bengaluru, Karnataka 560076
    4.2 12182024