HLIO Q1 2023 Earnings — Helios Technologies, Inc. Revenue & Financial Results | Market Cap Arena

HLIOHelios Technologies, Inc.

$2B

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$213M-11.4% YoY

Gross Profit

$71M33.3% margin

Operating Income

$25M11.6% margin

Net Income

$14M6.5% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$3M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$748M

Stockholders' Equity

$809M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$213M	$241M	-11.4%
Gross Profit	$71M	$84M	-15.1%
Operating Income	$25M	$43M	-42.2%
Net Income	$14M	$31M	-54.4%

Revenue Segments

Hydraulics

$148M69%

Electronics

$66M31%

Geographic Segments

Americas

$113M53%

EMEA

$56M26%

Asia Pacific

$44M21%