Helios Technologies reports Q4 adjusted EPS 38c, consensus 27c

Reports Q4 revenue $193.4M, consensus $183.35M. “A few years ago, our team made a conscious decision to transform the Company by integrating and leveraging all the acquired businesses. As I reflect on the past year, the challenges we faced tested our resolve and demanded unwavering determination. 2023 was marked with several macroeconomic and geopolitical challenges but was also a year of progress in many areas. We elevated our executive staff, as well as deepened our talent pool and filled product solution gaps with our acquisitions. This year we proactively pulled investments ahead so operations can be a strong enabler of sales. The global Helios team worked tirelessly aligning our capacity and structure to do so. We made methodical investments in the expansion of our global facilities, as it reflects the growth opportunities we see before us. We applied our innovation and engineering expertise to solve customers’ most difficult system design and production problems. We expect the new integrated system solutions we are creating will define our future,” said Josef Matosevic, President and Chief Executive Officer of Helios.