Benzinga | May 13, 2021 05:36PM EDT

Hollysys Automation Q3 Adj. EPS $0.31 Misses $0.44 Estimate, Sales $109.90M Beat $94.64M Estimate

Hollysys Automation (NASDAQ:HOLI) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.44 by 29.55 percent. This is a 34.78 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $109.90 million which beat the analyst consensus estimate of $94.64 million by 16.12 percent. This is a 36.07 percent increase over sales of $80.77 million the same period last year.