Helios Technologies (NYSE:HLIO) beats analyst estimates in Q4, but full-year revenue guidance missed
From StockStory: 2025-02-24 16:43:29
Motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO) reported Q4 CY2024 revenue of $179.5 million, beating analyst estimates by 1.3%, but still down 7.2% year on year. Full-year revenue guidance of $800 million missed estimates by 1.2%. Adjusted EPS of $0.33 was 4.6% below expectations. Operating margin increased to 7.4%. Organic revenue fell 7% year on year. Despite challenges, Helios focused on innovation and operational improvements. Sales growth averaged 7.8% annually over the last 5 years. EPS declined by 2.9% annually in the same period. Wall Street expects full-year EPS of $2.10 to grow 9.7%.
Read more at StockStory: Helios (NYSE:HLIO) Posts Better-Than-Expected Sales In Q4