Helios Technologies Reports Third Quarter 2024 Financial Results; Operational Efficiency and Working Capital Management Initiatives Gain Traction
Helios Technologies, Inc. (HLIO)
Last helios technologies, inc. earnings: 2/24 04:15 pm
Check Earnings Report
Company Research
Source: Business Wire
Generated $34.8 million in cash from operations, up 195% over prior-year period, reflecting disciplined working capital initiativesReduced $19.3 million in total debt, the fifth consecutive quarter of debt reduction; Improved net debt leverage ratio again sequentially down to 2.8x from 3.0x ending 2Q24Delivered net sales of $194.5 million in the quarter, within expected guidance rangeExpanded gross margin 150 bps with strong operating margin improvement as expected from improved efficiencies and cost adjustments, despite lower net salesAchieved diluted EPS of $0.34 in 3Q24 and diluted Non-GAAP EPS of $0.59, up 209% and 34% respectively over prior-year periodUpdating 2024 outlook to reflect weaker end market conditions plus hurricane impacts; Remain focused on working capital management, operational efficiencies, cost discipline, and reducing debt SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered
Show less
Read more
Impact Snapshot
Event Time:
HLIO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HLIO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HLIO alerts
High impacting Helios Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
HLIO
News
- Helios Technologies Extends History of Quarterly Dividends With 112th Consecutive Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Helios Technologies Extends History of Quarterly Dividends With 112th Consecutive Cash DividendBusiness Wire
- Helios Technologies Launches PowerView™ U35, the First Round Display in the Ultimate Series [Yahoo! Finance]Yahoo! Finance
- Helios Technologies Launches PowerView™ U35, the First Round Display in the Ultimate SeriesBusiness Wire
- Helios Technologies Announces an Electronics Sub-System Solution with the PowerView® U150 and PowerView® U120 Displays Available on Select MasterCraft BoatsBusiness Wire
HLIO
Earnings
- 11/5/24 - Beat
HLIO
Analyst Actions
- 10/16/24 - Stifel
HLIO
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- HLIO's page on the SEC website