Helios Technologies Inc

Helios Technologies, Inc. engages in the development and manufacture of motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, health and wellness. It operates through the Hydraulics and Electronics segments. The Hydraulics segment provides screw-in hydraulic cartridge valves, manifolds, and integrated fluid power packages and subsystems used in hydraulic systems. The Electronics segment provides electronic control, display, and instrumentation solutions for recreational and off-highway vehicles and stationary and power generation equipment. The company was founded by Robert E. Koski and John Allen in 1970 and is headquartered in Sarasota, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Helios Technologies Inc targets $1 billion revenue in 2023

Helios Technologies Inc's Q4 2022 earnings call highlighted strong financial performance, strategic focus on becoming a specialized provider, and challenges faced in the macro environment and supply chain.
The company aims to achieve $1 billion in revenue by the end of 2023 through organic growth and acquisitions, with a clear emphasis on financial and operational excellence.
Opportunities for revenue growth and market recovery were discussed, with a focus on addressing challenges such as seasonality and supply chain constraints.

Helios Technologies reports robust Q1 growth and strategic acquisitions

Helios Technologies Inc delivered strong Q1 results, showcasing revenue growth, operational improvements, and strategic acquisitions.
Despite challenges like supply chain disruptions and one-time investments, the company remains focused on growth opportunities and market expansion.
With a clear focus on innovation, customer relationships, and financial stability, Helios is poised for continued success in the Hydraulics and Electronics sectors.

Helios Technologies excels in Q2, eyes accelerated growth in 2024

Helios Technologies had a robust Q2 performance, focusing on integrating acquisitions, expanding capacity, and adjusting to current challenges while preparing for a promising 2024. The company is investing in accelerated capacity expansion and new technologies, with a vision for a 40% gross margin and a 30% EBITDA company in the future.

Helios Technologies Inc faces Q3 sales decline, focuses on cost control and growth opportunities

Helios Technologies Inc navigated a challenging Q3 2023 with a sales decline and margin pressures. Despite segment performance challenges, the company is focused on cost control, talent retention, and growth opportunities with large OEMs. The outlook for 2023 includes revenue of $820-835 million and adjusted EBITDA of $152-167 million.

Helios Technologies Inc reports Q4 results, outlines 2024 growth strategies

Helios Technologies Inc's Q4 performance showed sales meeting expectations but gross profit declining, with a positive 2024 outlook and financial priorities outlined.
The company's strengths include progress in 2023, diversification efforts, and growth expectations in key business segments.
Challenges include addressing volume fluctuations, market declines in Europe and Asia, and strategic financial priorities for 2024.
Opportunities lie in sales growth strategies, market diversification, and potential revenue improvement based on market trends and business segment growth.

Helios Technologies excels in Q1 2024, eyes growth through innovation

Helios Technologies demonstrated strong financial performance in Q1 2024, with sales growth and margin expansion.
The company's strategic initiatives in new sectors and partnerships position it well for future growth.
While challenges like economic uncertainties persist, opportunities in Asia and innovation present avenues for expansion.
Maintaining a focus on financial processes and operational efficiency will be crucial for sustained success.

Helios Technologies reports resilient Q3 earnings amidst market challenges

Helios Technologies Inc navigated challenges from hurricanes to deliver a solid quarter with improved margins. Cash generation and debt reduction efforts bolstered the company's financial position. While facing market weaknesses, the company adjusted its sales guidance and identified areas for growth.

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Helios Technologies, Inc. engages in the development and manufacture of motion control and electronic controls technology. It operates through the Hydraulics and Electronics segments. The Hydraulics segment provides screw-in hydraulic cartridge valves, manifolds, and integrated fluid power packages and subsystems used in hydraulic systems. The Electronics segment offers electronic control, display, and instrumentation solutions for recreational and off-highway vehicles and stationery and power generation equipment. The company was founded by Robert E. Koski and John Allen in 1970 and is headquartered in Sarasota, FL.

Helios Technologies, Inc. (NYSE:HLIO ) Q3 2023 Earnings Conference Call November 3, 2023 9:00 AM ET Company Participants Tania Almond - Vice President, Investor Relations & Corporate Communications Josef Matosevic - President & Chief Executive Officer Sean Bagan - Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Jon Braatz - Kansas City Capital Jeff Hammond - KeyBanc Capital Markets Mig Dobre - Baird Nathan Jones - Stifel Operator Greetings and welcome to the Helios Technologies Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Helios Technologies, Inc. (HLIO) Q3 2023 Earnings Call Transcript

Helios Technologies (HLIO) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.90 per share a year ago.

Helios Technologies (HLIO) Q3 Earnings and Revenues Lag Estimates

Although the revenue and EPS for Helios Technologies (HLIO) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Helios Technologies (HLIO) Q3 Earnings

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Reports Third Quarter 2023 Financial Results; Investing for the Future, Responding to Swiftly Changing Environment.

Helios Technologies Reports Third Quarter 2023 Financial Results; Investing for the Future While Responding to Swiftly Changing Environment

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Schedules Third Quarter 2023 Financial Results Release and Conference Call.

Helios Technologies Schedules Third Quarter 2023 Financial Results Release and Conference Call

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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Extends History of Quarterly Dividends With 107th Consecutive Cash Dividend.

Helios Technologies Extends History of Quarterly Dividends With 107th Consecutive Cash Dividend

SARASOTA, Fla.--(BUSINESS WIRE)--Fortune Media, Great Place To Work Name Helios Technologies' (NYSE: HLIO), Enovation Controls, 2023 Best Workplaces in Manufacturing & Production List.

Fortune Media and Great Place To Work Name Helios Technologies' Operating Company, Enovation Controls, to 2023 Best Workplaces in Manufacturing & Production List

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Launches Next-Generation Premium Rugged Display-Controller – The PowerView™ P70 – with Initial Customer.

Helios Technologies Launches Next-Generation Premium Rugged Display-Controller – The PowerView™ P70 – with Initial Customer

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Introduces Seamless Remote Support Capabilities Through Cygnus Integration with OpenPV™ Software Platform.

Helios Technologies Introduces Seamless Remote Support Capabilities Through Cygnus Integration with OpenPV™ Software Platform

Helios Technologies, Inc. (NYSE:HLIO ) Q2 2023 Earnings Conference Call August 8, 2023 9:00 AM ET Company Participants Tania Almond - VP of IR and Corporate Communications Josef Matosevic - President and CEO Tricia Fulton - EVP and CFO Conference Call Participants Chris Moore - CJs Securities Jeffrey Hammond - KeyBanc Mick Dobre - Baird Nathan Jones - Stifel Jon Braatz - Kansas City Capital Operator Greetings, and welcome to the Helios Technologies Second Quarter 2023 Financial Results Conference Call. At this time all participants are in listen-only mode.

Helios Technologies, Inc. (HLIO) Q2 2023 Earnings Call Transcript

Helios reported strong revenue growth in the quarter, but scaled back guidance for the second half. A combination of poor visibility into end markets and investments in capacity will impact results.

Why Helios Technologies Stock Is Down Big Today

Helios Technologies (HLIO) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.18 per share a year ago.

Helios Technologies (HLIO) Q2 Earnings Miss Estimates

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Reports Strong Sequential Growth in the Second Quarter 2023 with Revenue Up 7% and Net Income Up 21%.

Helios Technologies Reports Strong Sequential Growth in the Second Quarter 2023 with Revenue Up 7% and Net Income Up 21%

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Announces Retirement of Chief Financial Officer Tricia L. Fulton and Names Sean P. Bagan as Successor.

Helios Technologies Announces Retirement of Chief Financial Officer Tricia L. Fulton and Names Sean P.

SARASOTA, Fla,--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Schedules Second Quarter 2023 Financial Results Release and Conference Call.

Helios Technologies Schedules Second Quarter 2023 Financial Results Release and Conference Call

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Introduces OpenPV™.

Helios Technologies Introduces OpenPV™

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Continues Long History of Consecutive Quarterly Cash Dividend.

Helios Technologies Continues Long History of Consecutive Quarterly Cash Dividend

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Closes Acquisition of i3 Product Development.

Helios Technologies Closes Acquisition of i3 Product Development

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Expands Financial Capacity with Oversubscribed $150 Million Term Loan.

Helios Technologies Expands Financial Capacity With Oversubscribed $150 Million Term Loan

Helios Technologies, Inc. (NYSE:HLIO ) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET Company Participants Tania Almond - VP, IR, Corporate Communications and Risk Management Josef Matosevic - President and Chief Executive Officer Tricia Fulton - Chief Financial Officer Conference Call Participants Jeffrey Hammond - KeyBanc Capital Chris Moore - CJS Securities Mircea Dobre - Robert W. Baird Adam Farley - Stifel Financial Corp. Jon Braatz - Kansas City Capital Operator Welcome to the Helios Technologies First Quarter 2023 Earnings Conference Call.

Helios Technologies, Inc. (HLIO) Q1 2023 Earnings Call Transcript

STOCKHOLM , May 9, 2023 /PRNewswire/ -- Josef Matosevic, President and CEO of Helios Technologies, and previously Executive Vice President and Chief Operating Officer and interim President and CEO of Welbilt, Inc., was recently appointed as non-executive member of the Board of Directors at Electrolux Professional Group. "We are pleased to welcome Josef Matosevic to the Electrolux Professional Group Board of non-executive Directors.

Helios Technologies President & CEO Josef Matosevic Appointed to Electrolux Professional Group's Board

Helios Technologies (HLIO) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.18 per share a year ago.

Helios Technologies (HLIO) Q1 Earnings Miss Estimates

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Reports Strong Revenue Growth in the First Quarter 2023 While Investing in Augmented Strategy for Future Growth.

Helios Technologies Reports Strong Revenue Growth in the First Quarter 2023 While Investing in Augmented Strategy for Future Growth

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Signs Definitive Agreement to Acquire i3 Product Development.

News for Helios Technologies Inc Stock (HLIO)