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NASDAQ:HLIO

Helios Technologies 5/8/2024 Earnings Report

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$34.93 -1.32 (-3.64%)
As of 12:44 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Helios Technologies EPS Results

Actual EPS
$0.53
Consensus EPS
$0.45
Beat/Miss
Beat by +$0.08
One Year Ago EPS
$0.72

Helios Technologies Revenue Results

Actual Revenue
$212.00 million
Expected Revenue
$205.61 million
Beat/Miss
Beat by +$6.39 million
YoY Revenue Growth
-0.60%

Helios Technologies Announcement Details

Quarter
Time
After Market Closes
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Helios Technologies Earnings Headlines

A new rule goes live in July — and the banks are quietly cashing in
A major change is quietly going into effect this July — and Wall Street is already positioning for it. Big Banks have found a way to use a new asset as if it were cash. Not stocks. Not bonds. Not even the U.S. dollar. They now trust this asset more than the traditional financial system itself.
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About Helios Technologies

Helios Technologies (NASDAQ:HLIO) is a global industrial technology company specializing in the design, manufacturing and distribution of motion control, electronic controls and power transmission products. The company serves a broad array of end markets by providing engineered solutions that enhance equipment performance, efficiency and reliability. Its product portfolio includes hydraulic pumps, motors, transmissions, electronic valves, controls, accumulators, sensors and related systems.

Helios operates through two primary business segments. The Motion Technologies segment offers gear pumps, piston pumps, hydraulic motors, power shift transmissions and related accessories for mobile and industrial applications. The Fluid Technologies segment focuses on electronic control systems, proportional and servo valves, over-center systems and pump control technologies designed to optimize fluid power systems in critical environments.

Headquartered in Sarasota, Florida, Helios maintains manufacturing and distribution facilities in North America, Europe, Asia and Latin America. Its products are used in a wide range of industries, including agriculture, construction, material handling, mining, oil and gas, marine and general industrial markets. The company’s global footprint enables it to support regional customer requirements while leveraging a shared platform for engineering and manufacturing excellence.

Founded in 2016 through a series of strategic acquisitions, Helios Technologies combines the heritage of established industrial brands with new capabilities in electronic and digital controls. Backed by a seasoned management team with decades of experience in the fluid power and motion control industry, the company continues to invest in research and development to address evolving customer needs and emerging market opportunities worldwide.

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