---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-090928"
form_type: "8-K"
ticker: "HLIO"
cik: "0001024795"
company_name: "HELIOS TECHNOLOGIES, INC."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T12:56:56.107163+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Helios Q2 net sales $219.9M (-3% YoY), diluted EPS $0.41; moderates 2H24 outlook

## Summary
- Net sales $219.9M, down 3% YoY; gross margin 32.1% vs 33.3% prior year.
- Diluted EPS $0.41; Non-GAAP diluted EPS $0.64, down 21% YoY.
- Adjusted EBITDA $44.2M (20.1% margin) vs $50.1M (22.0%) a year ago.
- Reduced debt $18.6M in Q2; fourth straight quarter of debt reduction.
- Management moderates 2H24 outlook due to softening end market conditions.

## SEC filing metadata
- accession: 0000950170-24-090928
- form_type: 8-K
- ticker: HLIO
- cik: 0001024795
- company_name: HELIOS TECHNOLOGIES, INC.
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024795/000095017024090928/0000950170-24-090928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024795/000095017024090928/hlio-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-090928
- JSON: https://secwatch.observer/filing/0000950170-24-090928.json
- Plain text: https://secwatch.observer/filing/0000950170-24-090928.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.