Helios Technologies (HLIO) Misses Q4 EPS by 8c, Beats on Revenue; Offers FY25 Guidance

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Helios Technologies Reports Fourth Quarter and Full Year 2024 Financial Results; Delivered Expanded Margins and Record Cash Generation in Challenging Macro

February 24, 2025 4:16 PM EST

Generated fourth quarter 2024 cash from operations of $35.7 million up 6% over prior year period; Full year 2024 cash from operations of $122.1 million, a company record, up 46% compared to prior year period reflecting disciplined working capital initiatives Reduced fourth quarter total debt by $33.9 million, the sixth consecutive quarter of debt reduction; Improved net debt to adjusted EBITDA leverage ratio again sequentially down to 2.6x from 2.8x ending 3Q24; Full year 2024 total debt reduced by $75.3 million compared to last year Delivered fourth quarter net sales of... More