HLIO Q1 2024 Earnings — Helios Technologies, Inc. Revenue & Financial Results | Market Cap Arena

HLIOHelios Technologies, Inc.

$2B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$212M-0.6% YoY

Gross Profit

$67M31.7% margin

Operating Income

$20M9.6% margin

Net Income

$9M4.3% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$12M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$727M

Stockholders' Equity

$857M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$212M	$213M	-0.6%
Gross Profit	$67M	$71M	-5.4%
Operating Income	$20M	$25M	-18.1%
Net Income	$9M	$14M	-33.8%

Revenue Segments

Hydraulics

$142M67%

Electronics

$70M33%

Geographic Segments

Americas

$114M54%

EMEA

$52M25%

Asia Pacific

$46M22%