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Oct 01, 2022
Helios Q3 2022 Earnings Report
Helios' augmented strategy continued to deliver top-tier margins.
Key Takeaways
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
Revenue by Segment
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.
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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