Helios Technologies reports Q3 earnings miss; narrows FY22 outlook

Nov. 07, 2022 6:11 AM ETHelios Technologies, Inc. (HLIO)By: Meghavi Singh, SA News Editor
  • Helios Technologies press release (NYSE:HLIO): Q3 Non-GAAP EPS of $0.90 misses by $0.07.
  • Revenue of $207.2M (-7.2% Y/Y) misses by $10.92M.
  • The Company is updating its outlook for 2022, consolidated revenue of $885 - $910 million vs. consensus of $927.54M; Adjusted EBITDA margin of 22.6% - 23.6%; Capital expenditures % total revenue of 3% - 4% of sales and Diluted Non-GAAP Cash EPS of $3.85 - $4.05 vs. consensus of $4.32.

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