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NASDAQ:HLIO

Helios Technologies 8/5/2024 Earnings Report

Helios Technologies logo
$27.77 -0.39 (-1.37%)
Closing price 03:59 PM Eastern
Extended Trading
$27.76 -0.02 (-0.06%)
As of 06:44 PM Eastern
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Helios Technologies EPS Results

Actual EPS
$0.64
Consensus EPS
$0.61
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.81

Helios Technologies Revenue Results

Actual Revenue
$219.90 million
Expected Revenue
$215.80 million
Beat/Miss
Beat by +$4.10 million
YoY Revenue Growth
-3.40%

Helios Technologies Announcement Details

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

Conference Call Resources

Conference Call Audio

Earnings Conference Call
Helios Technologies
00:00 / 00:00

Helios Technologies Earnings Headlines

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About Helios Technologies

Helios Technologies (NASDAQ:HLIO), together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers. This segment sells its products under the Sun Hydraulics, Faster, Custom Fluidpower, Seungwon, NEM, Taimi, Daman, and Schultes brands. The Electronics segment offers displays, controls, and instrumentation products for off-highway, recreational marine, powersports and specialty vehicles, agriculture and water pumping, power generation, engine-driven industrial equipment, and health and wellness markets. This segment sells its products under the Enovation Controls, Zero Off, Murphy, HCT, Balboa Water Group, and Joyonway brands. It sells its hydraulic products primarily through value-add distributors, as well as directly to original equipment manufacturers (OEMs); and electronic products to OEMs, distributors, and system integrators. The company was formerly known as Sun Hydraulics Corporation and changed its name to Helios Technologies, Inc. in June 2019. Helios Technologies, Inc. was incorporated in 1970 and is headquartered in Sarasota, Florida.

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