Helios Technologies: Q1 Earnings Snapshot

Posted 5/8/24

SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Helios Technologies, Inc. (HLIO) on Wednesday reported earnings of $9.2 million in its first quarter.

The Sarasota, Florida-based company said it …

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Helios Technologies: Q1 Earnings Snapshot

Posted

SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Helios Technologies, Inc. (HLIO) on Wednesday reported earnings of $9.2 million in its first quarter.

The Sarasota, Florida-based company said it had net income of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to 53 cents per share.

The maker of screw-in hydraulic cartridge valves and manifolds posted revenue of $212 million in the period.

Helios Technologies expects full-year earnings in the range of $2.35 to $2.75 per share, with revenue in the range of $840 million to $860 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLIO at https://www.zacks.com/ap/HLIO

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