HLIO Q2 2023 Earnings — Helios Technologies, Inc. Revenue & Financial Results | Market Cap Arena

HLIOHelios Technologies, Inc.

$2B

Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$228M-5.8% YoY

Gross Profit

$76M33.3% margin

Operating Income

$30M13.0% margin

Net Income

$17M7.4% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$16M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$763M

Stockholders' Equity

$848M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$242M	-5.8%
Gross Profit	$76M	$82M	-7.9%
Operating Income	$30M	$43M	-31.4%
Net Income	$17M	$30M	-44.0%

Revenue Segments

Hydraulics

$152M67%

Electronics

$75M33%

Geographic Segments

Americas

$124M54%

EMEA

$58M26%

Asia Pacific

$46M20%