Welcome to our dedicated page for Helios Technologies news (Ticker: HLIO), a resource for investors and traders seeking the latest updates and insights on Helios Technologies stock.
Helios Technologies Inc (HLIO) is a global leader in engineered solutions for hydraulics and electronics, serving industrial, mobile, and marine markets. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, product innovations, and strategic initiatives.
Access comprehensive coverage of HLIO's press releases, including earnings reports, technology advancements, and partnership announcements. The curated collection ensures stakeholders stay informed about operational milestones and market positioning within the fluid power and electronic controls sectors.
Key focus areas include hydraulic system innovations, electronic control solutions, and global expansion efforts. Content is organized to highlight critical updates while maintaining technical accuracy and regulatory compliance across all materials.
Bookmark this page for direct access to verified HLIO news sources, or check back regularly for the latest developments impacting the company's performance in industrial technology markets worldwide.
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.
Helios Technologies (NASDAQ: HLIO) has declared a quarterly cash dividend of $0.09 per common share, marking its ongoing commitment to returning value to shareholders. This dividend will be payable on October 20, 2021, to stockholders of record as of October 5, 2021. Helios has consistently paid dividends since 1997, demonstrating its stable financial performance and shareholder confidence.
Helios Technologies (NASDAQ: HLIO) supports the "CLAMpaign for Clean Water" by Sarasota Bay Watch, aiming to raise $100,000 to add one million clams to Sarasota Bay. The initiative has already placed over 750,000 clams to restore ecosystems and improve water quality. Helios will match donations up to $10,000 from other contributors. This campaign exemplifies the company’s commitment to social and environmental causes. The Southern hardshell clams can filter six gallons of water daily and are resilient to conditions like red tide.
Helios Technologies (NASDAQ: HLIO), a leader in engineered motion control and electronic controls technology, will present at the Morgan Stanley Virtual 9th Annual Laguna Conference on September 15, 2021, at 2:15 p.m. Eastern Time. The session features CEO Josef Matosevic, CFO Tricia Fulton, and VP Tania Almond. A live audio webcast will be available on the Investor Relations page. Helios is committed to market leadership and innovation across various sectors, having consistently paid dividends since its IPO in 1997.
Helios Technologies (Nasdaq: HLIO) has appointed Jean-Pierre "JP" Parent as the Senior Vice President and Managing Director of Balboa Water Group, effective August 20, 2021. Parent, who joined Helios in November 2020 as Executive Vice President of Global Sales, brings over 35 years of managerial experience, focusing on strategic business planning and innovation. CEO Josef Matosevic expressed confidence in Parent's ability to propel the company's Electronics segment forward, reinforcing Helios's commitment to leveraging internal talent while pursuing growth in niche markets.
Helios Technologies, a leader in motion and electronic controls, reported strong second-quarter results for 2021, with net sales of $223.4 million, an 87% increase year-over-year. Gross profit rose 84% to $82.2 million, resulting in a gross margin of 36.8%. The company achieved a net income of $30.7 million, or $0.95 per diluted share, up 138%. Helios aims for $1 billion in revenue by 2023, two years ahead of schedule. The successful acquisition of NEM enhances their hydraulics product line, positioning the company favorably amid supply chain challenges.
Helios Technologies (HLIO) will announce its second quarter 2021 financial results on August 9, 2021, post-market. The CEO, Josef Matosevic, and CFO, Tricia Fulton, will hold a conference call on August 10 at 9:00 a.m. ET to discuss financial outcomes and future strategies. Helios Technologies focuses on engineered motion control and electronic controls for diverse markets, maintaining a strong commitment to innovation and customer service in over 85 countries. The company has consistently paid quarterly dividends since its public offering in 1997.
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