HLIO Q2 2024 Earnings — Helios Technologies, Inc. Revenue & Financial Results | Market Cap Arena

HLIOHelios Technologies, Inc.

$2B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$220M-3.4% YoY

Gross Profit

$71M32.1% margin

Operating Income

$26M11.8% margin

Net Income

$14M6.2% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$25M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$714M

Stockholders' Equity

$867M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$220M	$228M	-3.4%
Gross Profit	$71M	$76M	-6.9%
Operating Income	$26M	$30M	-11.9%
Net Income	$14M	$17M	-19.0%

Revenue Segments

Hydraulics

$146M66%

Electronics

$74M34%

Geographic Segments

Americas

$117M53%

EMEA

$52M24%

Asia Pacific

$51M23%