Brief: Helios Technologies Second Quarter 2021 Revenue Grew 87% With Strong Organic Growth Executing On Strategy To Achieve Accelerated Goals

Helios Technologies

09/08/2021 21:14

Aug 9 (Reuters) - Helios Technologies Inc  HLIO.O :
    * HELIOS TECHNOLOGIES SECOND QUARTER 2021 REVENUE GREW 87%
WITH
STRONG ORGANIC GROWTH; EXECUTING ON STRATEGY TO ACHIEVE
ACCELERATED GOALS
    * Q2 NON-GAAP CASH EARNINGS PER SHARE $1.20
    * Q2 EARNINGS PER SHARE $0.95
    * Q2 EARNINGS PER SHARE ESTIMATE $0.86 -- REFINITIV IBES
DATA
    * RAISING REVENUE AND MARGIN EXPECTATIONS FOR 2021
    * RAISING REVENUE AND MARGIN EXPECTATIONS FOR 2021
    * QTRLY NET SALES $223.4 MILLION VERSUS $119.3 MILLION
    * SEES 2021 CONSOLIDATED REVENUE OF $800 - $830 MILLION
    * SEES 2021 NON-GAAP CASH EPS $3.60 -$3.80
    * FY2021 EARNINGS PER SHARE VIEW $3.44, REVENUE VIEW $760.5
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBwcfkFNQa 
Further company coverage:  HLIO.O 

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