Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) is reporting fourth quarter earnings results on Thursday 13th August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.38 per share.
For the full year, analysts predict revenues of $ 520.95 million, while looking forward to income of $ 1.72 per share.
Previous Quarter Performance
Hollysys Automation Technologies, Ltd. reported income for the third quarter of $ 0.23 per share, from the revenue of $ 80.77 million. The quarterly earnings fell 50.00 percent while revenues reduced 35.47 percent compared with the same quarter last year.
Street analysts expected Hollysys Automation Technologies, Ltd. to report income of $ 0.36 per share on revenue of $ 115.42 million for the third quarter. The bottom line results missed street analysts by $ 0.13 or 36.11 percent, at the same time, top line results fell short of analysts by $ 34.65 million or 30.02 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of HOLI was $ 13.26, representing a 39.29 % increase from the 52 week low of $ 9.52 and a 24.62 % decrease over the 52 week high of $ 17.59.
The company has a market capital of $ 802.72 million and is part of the Industrials sector and Diversified Industrials industry.
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Conference Call
Hollysys Automation Technologies, Ltd. will be hosting a conference call at 7:00 PM eastern time on 13th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hollysys.com.sg
Hollysys Automation Technologies Ltd. provides automation and control technologies and products in the Peoples Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system.
