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Oct 02, 2021
Helios Q3 2021 Earnings Report
Helios Technologies' augmented strategy led to 82% sales growth and strong cash generation.
Key Takeaways
Helios Technologies reported strong Q3 2021 results, with 82% sales growth driven by organic growth and acquisitions. Net income increased by 114% and the company raised its revenue and Non-GAAP Cash EPS expectations for fiscal 2021.
Organic sales grew 30% due to high demand and diversified markets.
Net income increased 114% year-over-year to $27.8 million.
Adjusted EBITDA margin expanded 170 basis points to 25.1%.
Generated $32.5 million in cash from operations and $25.7 million in free cash flow.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Helios Technologies raised its revenue and Non-GAAP Cash EPS expectations for fiscal 2021, holding margins reflecting strong results year-to-date in a continued challenging environment amidst robust demand.
Positive Outlook
- Consolidated revenue is expected to be between $840 and $860 million.
- Adjusted EBITDA is expected to be between $197 and $211 million.
- Interest expense is expected to be between $16 and $17 million.
- Effective tax rate is expected to be between 22% and 24%.
- Non-GAAP Cash EPS is expected to be between $3.75 and $4.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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