Helios Technologies Stock Price, News & Analysis

Helios Technologies (NYSE: HLIO) has launched its new Clim8zone™ heat pump, designed for optimal heating and cooling in spas and swim spas. This innovative product focuses on energy efficiency, allowing users to save significantly on operating costs while enhancing functionality. The Clim8zone™ features variable speed technology, operates quietly, and adapts to environmental conditions, addressing the industry's demand for cost-effective solutions. The product is available for pre-order with shipping starting in March 2022.

Helios Technologies, NYSE: HLIO, reported a strong Q3 2021 with net income of $27.8 million, up 114% from last year. Organic sales growth was 30%, driven by high demand across diverse markets. Adjusted EBITDA margin improved to 25.1%, while diluted EPS increased to $0.86. The company experienced supply chain efficiencies despite raw material cost increases. Cash generated was $32.5 million from operations. Helios raised its revenue and Non-GAAP cash EPS outlook for 2021, reflecting robust performance amidst ongoing challenges.

Helios Technologies (NYSE: HLIO) will participate in a Fireside Chat at the Baird 2021 Global Industrial Conference on November 11, 2021, starting at 12:50 p.m. ET. Key executives, including President and CEO Josef Matosevic, CFO Tricia Fulton, and VP of Investor Relations Tania Almond, will represent the company. Investors can access a live audio webcast on the company's Investor Relations page, with a replay available post-event. Helios is a leader in motion control and electronic controls technology, serving diverse markets globally.

Helios Technologies, Inc. (NYSE: HLIO) has successfully transferred its stock listing to the New York Stock Exchange, effective immediately. The move aims to enhance the Company’s visibility as a global leader in motion control and electronic controls technology. CEO Josef Matosevic highlighted that this transition is a significant milestone in their transformational journey, expected to offer long-term value to shareholders. Helios has been committed to delivering consistent quarterly cash dividends since its public debut in 1997.

The New York Stock Exchange (NYSE), part of Intercontinental Exchange (ICE), has announced the successful transfer of Helios Technologies' listing, effective today. Helios, a leader in hydraulic and electronic control solutions, aims to utilize NYSE's advanced market model and extensive network of industry leaders. This strategic move is expected to enhance brand visibility and provide long-term value for shareholders, reinforcing Helios's ongoing transformation as a global electronics and hydraulics company.

Helios Technologies (NASDAQ: HLIO) will announce its third quarter 2021 financial results on November 8, 2021, before the market opens. A conference call hosted by CEO Josef Matosevic and CFO Tricia Fulton will follow at 9:00 a.m. ET to discuss financial and operational outcomes, as well as future strategies. The call will allow participation via phone and online, with a replay available until November 15, 2021. Helios is known for its engineered motion control and electronic technologies across various industries, maintaining a history of quarterly dividends since its public debut in 1997.

Helios Technologies, Inc. (NYSE: HLIO) announced the transfer of its common stock listing from Nasdaq to the New York Stock Exchange (NYSE), effective November 1, 2021. This transition is expected to provide enhanced brand visibility and investor-relations services. The move is part of Helios's strategic growth plan, positioning it among leading companies. The listing transfer will be seamless for investors, requiring no action on their part. CEO Josef Matosevic highlighted the benefits of joining the NYSE, citing its unique market model and network of industry leaders.

Helios Technologies (HLIO) has successfully completed the acquisition of assets from Shenzhen Joyonway Electronics, enhancing its electronic control systems portfolio. Joyonway specializes in control panels and software for the health and wellness sector, significantly boosting Helios's capabilities in this region. The acquisition aligns with Helios's strategy to achieve $1 billion in sales by 2023 and improve its supply chain and manufacturing capacity.

Helios Technologies (NASDAQ: HLIO) has launched the uControl™ mobile machine controllers, enhancing their product lineup for heavy-duty equipment. These controllers offer precise control with features like extensive I/O options, durability in extreme conditions, and compatibility with the ACE™ software platform. The launch aligns with Helios's strategy to lead in niche markets through innovation. New distributors across the U.S. are prepared to support the rollout, contributing to improved customer solutions and operational efficiency.