Helios Technologies Reports Strong Sequential Growth in the Second Quarter 2023 with Revenue Up 7% and Net Income Up 21%

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Go back to Helios Technologies Reports Strong Sequential Growth in the Second Quarter 2023 with Revenue Up 7% and Net Income Up 21%

Helios Technologies (HLIO) Misses Q2 EPS by 3c, Offers Guidance

August 7, 2023 4:25 PM EDT

Helios Technologies (NYSE: HLIO) reported Q2 EPS of $0.81, $0.03 worse than the analyst estimate of $0.84. Revenue for the quarter came in at $227.6 million versus the consensus estimate of $222.14 million.

GUIDANCE:

Helios Technologies sees FY2023 EPS of $3.04-$3.12, versus the consensus of $3.73.... More