---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-121562"
form_type: "8-K"
ticker: "HLIO"
cik: "0001024795"
company_name: "HELIOS TECHNOLOGIES, INC."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:05:21.591086+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Helios Q3 net sales $194.5M; adj EPS $0.59; lowers 2024 outlook on storms

## Summary
- Net sales $194.5M (-3% YoY); gross margin improved 150 bps to 31.1%.
- Diluted GAAP EPS $0.34, non-GAAP EPS $0.59; operating cash flow $34.8M (+195%).
- Reduced debt $19.3M, fifth consecutive quarter; net debt leverage ratio improved to 2.8x.
- Lost 18 production shifts from hurricanes; updating 2024 outlook for weaker market and storm impacts.
- Adjusted EBITDA margin 20.9% (+320 bps); operating margin 11.4%.

## SEC filing metadata
- accession: 0000950170-24-121562
- form_type: 8-K
- ticker: HLIO
- cik: 0001024795
- company_name: HELIOS TECHNOLOGIES, INC.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1024795/000095017024121562/0000950170-24-121562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024795/000095017024121562/hlio-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-121562
- JSON: https://secwatch.observer/filing/0000950170-24-121562.json
- Plain text: https://secwatch.observer/filing/0000950170-24-121562.txt

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