{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-058325","form_type":"8-K","ticker":"HLIO","cik":"0001024795","company_name":"HELIOS TECHNOLOGIES, INC.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.930537+00:00","generated_at":"2026-06-08T23:09:14.263313+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Helios Q3 revenue down 3% to $201.4M; EPS $0.11 vs $0.63; cuts full-year outlook","bullets":["Net sales $201.4M (-3% YoY); gross margin 29.6% vs 33.4% due to volume and product mix.","Operating income $13.8M (-55% YoY); operating margin 6.9% vs 14.8%.","Net income $3.5M (-83%); diluted EPS $0.11; adjusted cash EPS $0.44 vs $0.90.","Adjusted EBITDA $35.6M (-26%); margin 17.7% vs 23.2%.","Company updating 2023 outlook and expects slower start to 2024 due to macro push-outs."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-058325","json":"https://secwatch.observer/filing/0000950170-23-058325.json","markdown":"https://secwatch.observer/filing/0000950170-23-058325.md","text":"https://secwatch.observer/filing/0000950170-23-058325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1024795/000095017023058325/0000950170-23-058325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1024795/000095017023058325/hlio-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:09:14.263313+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":"fe38e46abfb018e0fc0411627cb3b4aa916e17ed","claim":"HELIOS TECHNOLOGIES, INC. reported third quarter ended September 30, 2023 results: revenue $201.4 million, net income $3.5 million, EPS $0.11. Guidance lowered.","evidence_excerpt":"IMMEDIATE RELEASE Helios Technologies Reports Third Quarter 2023 Financial Results; Investing for the Future While Responding to Swiftly Changing Environment • 3Q23 revenue of $201.4 million reflects impact of swift change in demand dynamics as evolving macroeconomic conditions influenced customer behavior with push out of orders and delivery dates • Margins impacted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1024795/000095017023058325/0000950170-23-058325-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$201.4 million"},{"label":"Net income","value":"$3.5 million"},{"label":"EPS","value":"$0.11"},{"label":"Guidance","value":"lowered"},{"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"}