Helios Technologies, Inc. (HLIO) Q3 2024 Earnings Call Transcript
Helios Technologies, Inc. (NYSE:HLIO ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Tania Almond - Vice President, Investor Relations & Corporate Communications Sean Bagan - Interim President, Chief Executive Officer & Chief Financial Officer Conference Call Participants Mig Dobre - Baird Chris Moore - CJS Securities Nathan Jones - Stifel Jeff Hammond - KeyBanc Capital Markets Jon Braatz - Kansas City Capital Operator Ladies and gentlemen, greetings, and welcome to the Helios Technologies Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in the listen-only mode.
Helios Technologies (HLIO) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Helios Technologies (HLIO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Helios Technologies (HLIO) Tops Q3 Earnings Estimates
Helios Technologies (HLIO) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.44 per share a year ago.
Helios Technologies (HLIO) Reports Next Week: Wall Street Expects Earnings Growth
Helios Technologies (HLIO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Helios Towers: 10% FCF Yield With African Cell Phone Towers
Helios Towers' H1 results show a 20% EBITDA growth, with $206M adjusted EBITDA on $390M revenue, despite a net loss of $25M due to tax inefficiencies. The underlying sustaining free cash flow was approximately $54M, translating to $0.051/share, or almost 3.9 pence per share, highlighting strong cash flow generation. Upgraded guidance for 2023 includes organic tenancy additions and adjusted EBITDA of $410-420M, with portfolio free cash flow expected at $280-290M.
Levi & Korsinsky Announces an Investigation on Behalf of Helios Technologies, Inc. (HLIO) Shareholders Who May Have Been Affected by Fraud
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
Shareholders that lost money on Helios Technologies, Inc.(HLIO) should contact Levi & Korsinsky about Securities Fraud Investigation - HLIO
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
Lost Money on Helios Technologies, Inc.(HLIO)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
Investors who lost money on Helios Technologies, Inc. should contact Levi & Korsinsky about an ongoing investigation - HLIO
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
Helios Technologies, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - HLIO
NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
Helios Technologies, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - HLIO
NEW YORK, NY / ACCESSWIRE / August 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
Helios Technologies, Inc. (HLIO) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates
NEW YORK, NY / ACCESSWIRE / August 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
