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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	2/20/2011 8:40:56 AM
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Hollysys Automation Technologies Limited Hollysys Automation Technologies Reports Unaudited Financial Results for Fiscal Year 2011 Second Quarter Ended December 31, 2010 • Record-breaking quarterly revenues of $74.4 million, representing an increase of 61.1% compared to $46.2 million year-over-year • Gross margin at 36.0%, as compared to 31.2% year-over-year, and 34.8% quarter-over-quarter • Non-GAAP net income attributable to Hollysys of $15.0 million, as compared to $8.1 million and a 85.4% increase year-over-year • Diluted EPS at $0.27 reported for the quarter • Record-breaking backlog balance at $288.5 million as of December 31, 2010, a 31.4% increase compared to $219.6 million year-over-year • Quarterly DSO of 104 days, as compared to 137 days year-over-year and 111 days quarter-over-quarter finance.yahoo.com

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