Helios Q4 revenue $193.4M, down 1% YoY; EPS $0.10; guides FY2024 rev ~$840-860M

HELIOS TECHNOLOGIES, INC.

2023-FY EPS reported $1.14 revenue$835,600,000

Q4 revenue $193.4M (-1% YoY); diluted GAAP EPS $0.10, Non-GAAP EPS $0.38.
FY2023 revenue $835.6M (-6% YoY); GAAP EPS $1.14, Non-GAAP EPS $2.34.
Q4 operating cash flow $33.7M; debt paydown $19.7M in quarter.
Guidance: FY2024 revenue approx $840-860M (1-3% growth).
Gross margin declined to 28.6% Q4 vs 32.2% prior year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HELIOS TECHNOLOGIES, INC. reported the 2023 fiscal year results: revenue $835.6 million, net income $37.5, EPS $1.14.

Period: the 2023 fiscal year
Revenue: $835.6 million
Net income: $37.5
EPS: $1.14
Result: reported results

Exact text from the filing

Results; Focused on Execution During a Period of Sustained Market Headwinds • Delivered revenue and earnings in line with recent guidance; revenue of $193.4 million in 4Q23 and $835.6 million for FY23 • Demonstrated disciplined cost control during 2H23 resulting in 4Q23 SEA expenses at the lowest quarterly level in FY23 even while absorbing incremental expenses from

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HELIOS TECHNOLOGIES, INC. reported the fourth quarter ended December 30, 2023 results: revenue $193.4 million, net income $3.3, EPS $0.10.

Period: the fourth quarter ended December 30, 2023
Revenue: $193.4 million
Net income: $3.3
EPS: $0.10
Result: reported results

Exact text from the filing

Quarter 2023 Financial Results; Focused on Execution During a Period of Sustained Market Headwinds • Delivered revenue and earnings in line with recent guidance; revenue of $193.4 million in 4Q23 and $835.6 million for FY23 • Demonstrated disciplined cost control during 2H23 resulting in 4Q23 SEA expenses at the lowest quarterly level in FY23 even while absorbing

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HELIOS TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-020220

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