HLIO Q3 2023 Earnings — Helios Technologies, Inc. Revenue & Financial Results | Market Cap Arena

HLIOHelios Technologies, Inc.

$2B

Q3 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$201M-2.8% YoY

Gross Profit

$60M29.6% margin

Operating Income

$14M6.9% margin

Net Income

$4M1.7% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-11.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$749M

Stockholders' Equity

$842M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$201M	$207M	-2.8%
Gross Profit	$60M	$69M	-13.9%
Operating Income	$14M	$31M	-55.0%
Net Income	$4M	$20M	-82.8%

Revenue Segments

Hydraulics

$132M66%

Electronics

$69M34%

Geographic Segments

Americas

$115M57%

EMEA

$45M22%

Asia Pacific

$42M21%