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

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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.

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Promotes Rick Martich to President of Hydraulics, Americas.

Helios Technologies Promotes Rick Martich to President of Hydraulics, Americas

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

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

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Announces Taimi Swivel Cartridge Integration into the Distribution Channel of its Operating Company Sun Hydraulics

Helios Technologies Announces Taimi Swivel Cartridge Integration into the Distribution Channel of its Operating Company Sun Hydraulics

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc.

Helios Technologies Declares its 105th Consecutive Cash Dividend

Helios Technologies, Inc. (NYSE:HLIO ) Q4 2022 Earnings Conference Call February 28, 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 Joe Grabowski - Baird Nathan Jones - Stifel Jon Braatz - Kansas City Capital Jeffrey Hammond - KeyBanc Capital Operator Ladies and gentlemen, greetings, and welcome to the Helios Technologies Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce you to Tania Almond, Vice President of Investor Relations and Corporate Communications.

Helios Technologies, Inc. (HLIO) Q4 2022 Earnings Call Transcript

Helios Technologies' Augmented Strategy Drives Top-Tier Margins and Solid Earnings for the Full Year 2022

Helios Technologies' Strategy Drives Another Record Year of Product Line and Technological Innovation within its Hydraulics Segment

Helios Technologies Advances Augmented Strategy: Opens Faster Automated Warehouse in Italy as Another Advancement of its Manufacturing and Operating Plan

Helios Technologies Schedules Fourth Quarter 2022 Financial Results Release and Conference Call

SARASOTA, Fla.--( BUSINESS WIRE )--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has completed the acquisition of Schultes Precision Manufacturing, Inc (or “Schultes”.) Schultes is a highly trusted specialist in manufacturing precision machined components and assemblies for customers requiring very tight tolerances, superior quality, and exceptional value-added manufacturing processes. Currently serving the Hydraulic, Aerospace, Communication, Food Services, Medical Device, and Dental industries, Schultes brings the manufacturing quality, reliability, and responsiveness critical to its customers' success.

Helios Technologies Closes Acquisition of Schultes Precision Manufacturing

Net sales have experienced explosive growth in recent years driven by acquisitions. The company is very profitable and it enjoys high profit margins.

Helios Technologies: A Good Opportunity For The Long-Term At Current Share Prices

SARASOTA, Fla.--( BUSINESS WIRE )--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has entered into a definitive agreement to acquire Schultes Precision Manufacturing, Inc (or “Schultes”.) Schultes is a highly trusted specialist in manufacturing precision machined components and assemblies for customers requiring very tight tolerances, superior quality, and exceptional value-added manufacturing processes. Currently serving the Hydraulic, Aerospace, Communication, Food Services, Medical Device, and Dental industries, Schultes brings the manufacturing quality, reliability, and responsiveness critical to its customers' success.

Helios Technologies Signs Definitive Agreement to Acquire Schultes Precision Manufacturing

SARASOTA, Fla.--( BUSINESS WIRE )--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it is forming two new Regional Operational Centers of Excellence (“CoE”) for its Hydraulics segment. Facility expansion is currently underway in Mishawaka, Indiana, the future Hydraulic Manifold Solutions CoE, to accept the manifold machining and integrated package assembly operations from Sun Hydraulics, the integrated package business from Faster Inc, and to allow for Daman's core organic growth. The quick release coupling (QRC) manufacturing will then transfer from Maumee, OH to the cartridge valve technology location in Sarasota, FL to complete the Hydraulic Valve and Coupling Solutions CoE.

Helios Technologies Advances Augmented Strategy: Integrates and Consolidates to Create Two Operational Centers of Excellence in North America for Hydraulics Segment

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On 1/4/23, Cisco Systems, NetApp, and Helios Technologies will all trade ex-dividend for their respective upcoming dividends.

Ex-Dividend Reminder: Cisco Systems, NetApp And Helios Technologies

SARASOTA, Fla.--( BUSINESS WIRE )--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that Lee Wichlacz recently joined the Company and has been appointed to the newly created corporate officer position of President, Electronics, effective December 7, 2022.

Helios Technologies Appoints Lee Wichlacz to Newly Created Position as President of Electronics Segment

SARASOTA, Fla.--( BUSINESS WIRE )--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”) a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it has further advanced the market reach of its innovative display offerings with the introduction of SpaTouch4™, an advanced user interface control system. Built on Helios' innovative Next Display Platform™, SpaTouch4™ is the world's most advanced display panel for the spa market. SpaTouch4™ will be available from Balboa Water Group, part of Helios' Electronics segment.

Helios Technologies Leverages Next Display Platform™ and Announces SpaTouch4™

The company reported earnings that were an obvious disappointment to Wall Street. The updated outlook made things even worse.

Why Helios Stock Fell as Much as 12.5% in Early Trading Today

Helios Technologies, Inc. (NYSE:HLIO ) Q3 2022 Earnings Conference Call November 7, 2022 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 Mig Dobre - Baird Nathan Jones - Stifel Operator Greetings and welcome to the Helios Technologies Third Quarter Fiscal Year 2022 Financial Results Call. At this time, all participants are in a listen-only mode.

Helios Technologies, Inc. (HLIO) Q3 2022 Earnings Call Transcript

Helios Technologies (HLIO) delivered earnings and revenue surprises of -8.16% and 6.24%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Helios Technologies (HLIO) Lags Q3 Earnings and Revenue Estimates

Helios Technologies' Augmented Strategy Continues to Deliver Top-Tier Margins in the Third Quarter 2022

Helios Technologies to Webcast Fireside Chat at the Baird 2022 Global Industrial Conference

Helios Technologies (HLIO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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