NYSE$HLIO

Helios Technologies Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Revenue grew by 87% with strong organic growth.

Helios Technologies reported excellent Q2 2021 results with strong organic growth and increased net income. The company is executing its plans to drive organic growth, generate cash, and deliver top-tier adjusted EBITDA margins.

  • Organic growth of 37% achieved in the quarter driven by industry-best lead times, flexibility and new products
  • Net income grew to $30.7 million, up 138% over the prior-year period and up 36% over the trailing first quarter
  • Adjusted EBITDA margin expanded 310 basis points over prior-year period to 25.7%
  • Diluted EPS of $0.95 up 138% from last year; Non-GAAP Cash EPS of $1.20 up 118%

Headline financials

Total Revenue

$223M

Previous: $119M+87.3%
EPS (adj)

$1.20

Previous: $0.55+118.2%
Adjusted EBITDA Margin

25.7%

Previous: 22.6%+13.7%
Capital Expenditures

-$5.27M

Previous: -$2.28M-131.3%
Free Cash Flow

$25.4M

Previous: $10.6M+139.2%
Net Income

$30.7M

Previous: $12.9M+137.8%
Operating Income

$42.1M

Previous: $16.7M+151.8%
Gross Profit

$82.2M

Previous: $44.7M+83.7%
Cash & Equivalents

$34.4M

Previous: $37M-7.0%
Total Assets

$1.34B

Previous: $1B+33.8%

Revenue & EPS history

Helios · Revenue · Quarterly

$223M

Q2 2021+87.3%vs Q2 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Helios · $223M total across 2 segments · Q2 2021

  • Hydraulics
    $133M+30.3%
  • Electronics
    $90.4M+425.3%

Forward guidance

The company raised revenue and margin expectations for 2021, anticipating continued supply chain challenges and material cost headwinds in the second half.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.1%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+0.9%

Avg return

30 days after

59%

37 / 63 earnings

Positive

+20.9%

Q3 2016

Best reaction

-23.8%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.0%+2.5%+17.3%
Q4 2025-3.8%-12.6%-9.6%
Q3 2025-1.6%-4.0%-4.3%
Q1 2025+6.5%+21.0%+19.2%
Q4 2024+7.1%+1.6%-12.3%
Q3 2024+14.9%+7.8%+7.2%
Q2 2024+5.4%+4.2%-0.8%
Q1 2024+6.8%+5.7%-2.5%
Q4 2023+7.3%-0.4%-2.2%
Q3 2023-13.7%-16.7%-21.9%
Q2 2023-12.4%-7.3%-7.0%
Q1 2023-7.6%-12.2%-2.0%
Q4 2022+2.6%+9.6%-1.9%
Q3 2022-10.8%-5.1%-6.0%
Q2 2022-12.1%+0.5%-19.5%
Q1 2022-4.4%-1.7%+5.6%
Q4 2021-4.4%-4.2%+2.0%
Q3 2021+16.0%+15.2%+8.0%
Q2 2021+4.0%+2.3%+3.5%
Q1 2021-0.2%+3.6%-3.7%
Q3 2020+7.0%+5.8%+17.3%
Q2 2020+4.6%+11.6%+12.8%
Q1 2020+2.2%+2.4%+9.4%
Q4 2019-0.2%-4.9%-15.2%
Q3 2019+11.4%+7.2%+4.4%
Q2 2019+2.2%-3.2%-5.9%
Q1 2019-9.7%-9.9%-10.7%
Q4 2018+20.8%+27.9%+16.7%
Q3 2018-23.8%-17.1%-18.9%
Q2 2018-4.3%-8.0%-2.5%
Q1 2018-0.2%-0.8%+4.5%
Q4 2017-5.1%-6.4%-5.8%
Q3 2017-1.9%-0.3%-1.7%
Q2 2017+13.9%+12.3%+21.6%
Q1 2017+5.9%+5.0%+5.4%
Q4 2016-4.8%-8.8%-7.4%
Q3 2016+20.9%+32.8%+34.4%
Q2 2016+1.6%+0.6%+6.6%
Q1 2016-10.9%
Q4 2015+7.3%
Q3 2015+0.1%
Q2 2015-3.7%
Q1 2015-4.9%
Q4 2014+2.4%
Q3 2014+6.7%
Q2 2014+4.8%
Q1 2014-6.4%
Q4 2013+0.1%
Q3 2013+3.8%
Q2 2013+0.6%
Q1 2013-1.3%
Q4 2011+2.3%
Q4 2012+12.5%
Q3 2012+1.6%
Q2 2012+0.1%
Q1 2012+2.1%
Q4 2010+1.3%
Q3 2011-3.1%
Q2 2011+3.2%
Q1 2011+3.2%
Q3 2010-1.8%
Q2 2010-9.6%
Q1 2010+15.3%

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