Hollysys Automation Sees FY24 Revenue $852M-$930M, Up 10%-20% YoY
Portfolio Pulse from Benzinga Newsdesk
Hollysys Automation has projected its FY24 revenue to be between $852M and $930M, representing a YoY increase of 10%-20%.
August 15, 2023 | 9:04 pm
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POSITIVE IMPACT
Hollysys Automation's projected revenue increase for FY24 could potentially boost investor confidence and positively impact the company's stock price.
The projected increase in Hollysys Automation's FY24 revenue indicates potential growth for the company. This could attract more investors, leading to an increase in demand for the company's stock and potentially driving up its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100