Helios Technologies falls after Q3 misses, FY22 outlook lowered

Nov. 07, 2022 3:43 PM ETHLIOBy: Mary Christine Joy, SA News Editor

Investment And Finance Concept - Yellow Down Arrows Over Blue Financial Graph Background


Hydraulics and electronics solutions provider Helios Technologies (HLIO) fell ~10% after Q3 results missed consensus and FY22 outlook was lowered.

Q3 non-GAAP EPS of $0.90 misses by $0.07, and revenue of $207.2M (-7.2% Y/Y) misses by $10.92M.


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