Helios Technologies (HLIO) Tops Q3 EPS by 27c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq futures jump 2% as Micron, Qualcomm forecasts ease AI concerns; PCE data awaited
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Helios Technologies’ Effective Execution of Augmented Strategy Drives 82% Sales Growth and Strong Cash Generation in Third Quarter 2021
November 8, 2021 6:00 AM ESTStrong organic sales growth of 30% in the quarter driven by high demand, operational flexibility, diversified end markets, and new products Executed well against supply chain constraints and material costs; Net income grew to $27.8 million, up 114% over the prior-year period Adjusted EBITDA1 margin expanded 170 basis points over prior-year period to 25.1% Diluted EPS of $0.86 up 115% from last year; Non-GAAP Cash EPS of $1.07 up 102% Generated $32.5 million of cash from operations and $25.7 million of free cash flow; further reduced net debt to adjusted EBITDA leverage ratio to... More
