NYSE$HLIO
Helios Technologies Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Helios Technologies reported strong sequential growth in Q2 2023, with revenue up 7% and net income up 21%.
Helios Technologies reported a 7% sequential increase in revenue and a 21% sequential increase in net income for Q2 2023. The company's performance was driven by strategic investments and acquisitions, despite macroeconomic headwinds and supply chain constraints. The company is updating its 2023 outlook to address pull forward of capacity investments in response to building 2024+ customer demand combined with lower near-term visibility in APAC and recent facility impacts
- Sequential top line growth of 7%, with 6% growth excluding acquisitions, compared to 1Q23.
- Operating margin expanded 140 basis points sequentially.
- Acquired i3 Product Development, expanding engineering expertise and market reach.
- Diluted EPS of $0.51 and Diluted Non-GAAP Cash EPS of $0.81, up 21% and 13% sequentially, respectively.
Headline financials
Revenue & EPS history
Helios · Revenue · Quarterly
$228M
Revenue by segment
Helios · $228M total across 2 segments · Q2 2023
- Hydraulics$152M—67.0%
- Electronics$75.2M—33.0%
Forward guidance
The company updated its 2023 outlook to address pull forward of capacity investments in response to building 2024+ customer demand combined with lower near-term visibility in APAC and recent facility impacts.
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 2023
+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
| Quarter | Report date | Reaction (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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