Brief: Helios Technologies’ Augmented Strategy Drives Top-Tier Margins And Solid Earnings For The Full Year 2022

Helios Technologies

27/02/2023 22:24

Feb 27 (Reuters) - Helios Technologies Inc  HLIO.N :
    * HELIOS TECHNOLOGIES’ AUGMENTED STRATEGY DRIVES TOP-TIER
MARGINS
AND SOLID EARNINGS FOR THE FULL YEAR 2022
    * ACHIEVING DILUTED EPS OF $0.54 IN QUARTER
    * DILUTED NON-GAAP CASH EPS OF $0.78 IN QUARTER
    * SEES 2023 (NOT INCLUDING POTENTIAL FUTURE FLYWHEEL
ACQUISITIONS)
REVENUE EXPECTED TO BE $910 TO $940 MILLION
    * Q4 22 HYDRAULICS REVENUE UP 7% OVER PRIOR YEAR PERIOD AND
UP 12%
ON A CONSTANT CURRENCY BASIS
    * Q4 EARNINGS PER SHARE VIEW $0.75 -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $853.4 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw6Bzbzxa 
Further company coverage:  HLIO.N 

 ((Reuters.Briefs@thomsonreuters.com;))