NYSE$HLIO

Helios Technologies Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Helios' augmented strategy continued to deliver top-tier margins.

Helios Technologies reported Q3 2022 financial results, overcoming challenges from Hurricane Ian and economic conditions in APAC and Europe to maintain top-tier margins. The company remains on track to achieve its strategic goal of $1 billion in revenue in 2023.

  • Helios team united to overcome impacts of Hurricane Ian and economic conditions in APAC and Europe to deliver top-tier margins
  • Remain on path to achieve strategic goal of at least $1 billion in revenue in 2023
  • Executing to plan with manufacturing and operating strategy driving productivity, margin enhancement and efficiencies, leveraging “in the region, for the region” operations to protect earnings and cash flow
  • Year-to-date revenue up 6% on GAAP basis; Excluding impacts from hurricane shut down, quarterly revenue relatively unchanged on a constant currency basis over year-ago period

Headline financials

Total Revenue

$207M

Previous: $223M-7.2%
EPS (adj)

$0.90

Previous: $1.07-15.9%
Adjusted EBITDA Margin

23.2%

Previous: 25.1%-7.6%
Capital Expenditures

-$8.45M

Previous: -$6.75M-25.2%
Free Cash Flow

$11.9M

Previous: $21M-43.2%
Net Income

$20.4M

Previous: $27.8M-26.6%
Operating Income

$30.7M

Previous: $40.7M-24.6%
Gross Profit

$69.3M

Previous: $80.9M-14.4%
Cash & Equivalents

$36.8M

Previous: $47.7M-22.8%
Total Assets

$1.42B

Previous: $1.42B+0.1%
Stock-Based Comp

$1.84M

No prior period

Revenue & EPS history

Helios · Revenue · Quarterly

$207M

Q3 2022-7.2%vs Q3 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Helios · $207M total across 2 segments · Q3 2022

  • Hydraulics
    $131M-1.6%
  • Electronics
    $76M-15.4%

Forward guidance

The Company is updating its outlook for 2022, which assumes constant currency using quarter end rates, impacts from global macro-economic conditions effecting market demand timing, material and energy cost increases, and foreign currency exchange rates. Guidance assumes that markets served are not further impacted by the global pandemic or the geo-political environment.

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 Q3 2022

Historical avgQ3 2022

+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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