Benzinga | Nov 12, 2020 05:06PM EST

Hollysys Automation Q1 EPS $0.34 Misses $0.45 Estimate, Sales $129.50M Miss $138.11M Estimate

Hollysys Automation (NASDAQ:HOLI) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.45 by 24.44 percent. This is a 30.61 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $129.50 million which missed the analyst consensus estimate of $138.11 million by 6.23 percent. This is a 5.09 percent increase over sales of $123.23 million the same period last year.