Helios TechnologiesNYSE: HLIO

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) 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.

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

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

Helios Towers' H1 results show a 20% EBITDA growth, with $206M adjusted EBITDA on $390M revenue, despite a net loss of $25M due to tax inefficiencies. The underlying sustaining free cash flow was approximately $54M, translating to $0.051/share, or almost 3.9 pence per share, highlighting strong cash flow generation. Upgraded guidance for 2023 includes organic tenancy additions and adjusted EBITDA of $410-420M, with portfolio free cash flow expected at $280-290M.

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.

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.

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.

NEW YORK, NY / ACCESSWIRE / August 22, 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.