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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

BHP Billiton

Douglas Dynamics

BHP, PLOW and HLIO have been added to the Zacks Rank #5 (Strong Sell) List on December 24, 2024.

New Strong Sell Stocks for December 24th

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Helios Technologies Extends History of Quarterly Dividends With 112th Consecutive Cash Dividend.

Helios Technologies Extends History of Quarterly Dividends With 112th Consecutive Cash Dividend

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Launches PowerView™ U35, the First Round Display in the Ultimate Series.

Helios Technologies Launches PowerView™ U35, the First Round Display in the Ultimate Series

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Announces an Electronics Sub-System Solution with the PowerView® U150 and PowerView® U120 Displays.

Helios Technologies Announces an Electronics Sub-System Solution with the PowerView® U150 and PowerView® U120 Displays Available on Select MasterCraft Boats

Helios Technologies, Inc. (NYSE:HLIO ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Tania Almond - Vice President, Investor Relations & Corporate Communications Sean Bagan - Interim President, Chief Executive Officer & Chief Financial Officer Conference Call Participants Mig Dobre - Baird Chris Moore - CJS Securities Nathan Jones - Stifel Jeff Hammond - KeyBanc Capital Markets Jon Braatz - Kansas City Capital Operator Ladies and gentlemen, greetings, and welcome to the Helios Technologies Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in the listen-only mode.

Helios Technologies, Inc. (HLIO) Q3 2024 Earnings Call Transcript

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) to Participate in Upcoming Investor Conferences.

Helios Technologies to Participate in Upcoming Investor Conferences

The headline numbers for Helios Technologies (HLIO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Helios Technologies (HLIO) Reports Q3 Earnings: What Key Metrics Have to Say

Helios Technologies (HLIO) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.44 per share a year ago.

Helios Technologies (HLIO) Tops Q3 Earnings Estimates

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Reports Q3 2024 Financial Results; Operational Efficiency, Working Capital Management Initiatives Gain Traction.

Helios Technologies Reports Third Quarter 2024 Financial Results; Operational Efficiency and Working Capital Management Initiatives Gain Traction

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.

Helios Technologies (HLIO) Reports Next Week: Wall Street Expects Earnings Growth

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Operating Company Enovation Controls Named a UK Best Workplaces in Manufacturing, Production & Transportation™.

Helios Technologies' Operating Company Enovation Controls Named a UK Best Workplaces in Manufacturing, Production & Transportation™

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Schedules Third Quarter 2024 Financial Results Release and Conference Call.

Helios Technologies Schedules Third Quarter 2024 Financial Results Release and Conference Call

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Provides Update on Recovery from Hurricane Milton.

Helios Technologies Provides Update on Recovery Efforts from Hurricane Milton

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Provides Update on Status from Hurricane Milton.

Helios Technologies Provides Update on Status from Hurricane Milton

American Express

NetApp

On 10/4/24, American Express, NetApp, and Helios Technologies will all trade ex-dividend for their respective upcoming dividends. American Express will pay its quarterly dividend of $0.70 on 11/8/24, NetApp, will pay its quarterly dividend of $0.52 on 10/23/24, and Helios Technologies will pay its quarterly dividend of $0.09 on 10/21/24.

Ex-Dividend Reminder: American Express, NetApp And Helios Technologies

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Extends History of Quarterly Dividends With 111th Consecutive Cash Dividend.

Helios Technologies Extends History of Quarterly Dividends With 111th Consecutive Cash Dividend

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Operating Company, i3 Product Development Joins STMicroelectronics Partner Program.

Helios Technologies' Operating Company, i3 Product Development Joins STMicroelectronics Partner Program

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies' (NYSE: HLIO) Operating Company Enovation Controls Named a UK's Best Workplaces™ for Women.

Helios Technologies' Operating Company Enovation Controls Named a UK's Best Workplaces for Women™

NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.

Levi & Korsinsky Announces an Investigation on Behalf of Helios Technologies, Inc. (HLIO) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.

Shareholders that lost money on Helios Technologies, Inc.(HLIO) should contact Levi & Korsinsky about Securities Fraud Investigation - HLIO

NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.

Lost Money on Helios Technologies, Inc.(HLIO)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

Investors who lost money on Helios Technologies, Inc. should contact Levi & Korsinsky about an ongoing investigation - HLIO

NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.

Helios Technologies, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - HLIO

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) Releases High Capacity Electro-Proportional Flow Control Valve Solution for Precise Motion Control at High Flow Rates.

Helios Technologies Releases High Capacity, Electro-Proportional Flow Control Valve Solution for Precise Motion Control at High Flow Rates

NEW YORK, NY / ACCESSWIRE / August 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.

News for Helios Technologies Inc Stock (HLIO)