Hollysys Automation Tech Q1 Adj EPS $0.52 Up From $0.37 YoY, Sales $199.90M Up From $170.04M YoY
Portfolio Pulse from Benzinga Newsdesk
Hollysys Automation Technologies (HOLI) reported a 40.54% increase in adjusted EPS to $0.52 for Q1, up from $0.37 YoY. Sales rose 17.56% to $199.90M from $170.04M YoY.
November 15, 2023 | 10:02 pm
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POSITIVE IMPACT
Hollysys Automation Technologies reported a significant increase in Q1 adjusted EPS and sales compared to last year.
The reported increase in both earnings and sales is a strong positive signal for investors, indicating improved financial performance. This is likely to be viewed favorably by the market, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100