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Hollysys Automation Technologies Ltd (HOLI) Q3 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Hollysys Automation Technologies Ltd (NASDAQ: HOLI)
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Operator
Ladies and gentlemen, thank you for standing by and welcome to the Hollysys Automation Technologies Earnings Conference Call for Fiscal Year 2021 the Third Quarter Ended March 31st, 2021. [Operator Instructions] Please be advised that this conference is being recorded today May 14th, 2021, Beijing time.
I would now like to hand the conference over to Mr. Arden Xia, the Investor Relations Director of Hollysys Automation Technologies. Thank you. Please go ahead, Mr. Xia.SPONSORED:
Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2021
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Financial Highlights
Non-GAAP gross margin was at 36.4%, compared to 35.6% for the comparable prior year period.
Non-GAAP net income attributable to Hollysys was $71.7 million, a decrease of 7.9% compared to the comparable prior year period.
Non-GAAP diluted EPS was $1.18, a decrease of 7.8% compared to the comparable prior year period.
Net cash provided by operating activities was $48.6 million for the current period.
DSO of 186 days, compared to 188 days for the comparable prior year period.
Inventory turnover days of 52 days, compared to 57 days for the comparable prior year period.