{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-018861","form_type":"8-K","ticker":"HLIO","cik":"0001024795","company_name":"HELIOS TECHNOLOGIES, INC.","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.645986+00:00","generated_at":"2026-06-15T11:51:09.194718+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Helios Q1 revenue down 11% YoY to $213.2M; diluted EPS $0.42, Non-GAAP cash EPS $0.72; guides FY revenue $910-940M","bullets":["Net sales $213.2M, down 11% YoY; gross margin 33.3% vs 34.8% a year ago; operating margin 11.6%, down 620 bps.","Diluted EPS $0.42 (down 55% YoY); Non-GAAP cash diluted EPS $0.72; adjusted EBITDA margin 20.3%.","Reiterates FY 2023 revenue outlook $910-940M; targets $1B run-rate revenue by year-end 2023.","Signed agreement to acquire i3 Product Development, adding ~55 engineers for electronics/software capabilities.","Planned capex $9M in Q1 (4% of sales) for long-term investments, including regional Hydraulics structure."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-018861","json":"https://secwatch.observer/filing/0000950170-23-018861.json","markdown":"https://secwatch.observer/filing/0000950170-23-018861.md","text":"https://secwatch.observer/filing/0000950170-23-018861.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1024795/000095017023018861/0000950170-23-018861-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1024795/000095017023018861/hlio-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T11:51:09.194718+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"883bb3e096c867df881407a1e4d7e5fe5319cd9d","claim":"HELIOS TECHNOLOGIES, INC. reported first fiscal quarter of 2023 results: revenue $213.2, net income $13.9, EPS $0.42. Guidance reaffirmed.","evidence_excerpt":"for Future Growth May 8, 2023 Page 2 of 16 First Quarter 2023 Consolidated Results ($ in millions, except per share data) (Unaudited) Q1 2023 Q1 2022 Change % Change Net sales $ 213.2 $ 240.5 $ (27.3 ) (11 %) Gross profit $ 71.0 $ 83.6 $ (12.6 ) (15 %) Gross margin 33.3 % 34.8 % (150 ) bps Operating income $ 24.8 $ 42.9 $ (18.1 ) (42 %) Operating margin 11.6 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1024795/000095017023018861/0000950170-23-018861-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter of 2023"},{"label":"Revenue","value":"$213.2"},{"label":"Net income","value":"$13.9"},{"label":"EPS","value":"$0.42"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}