Helios Technologies, INC 8-K filings

Helios Technologies reported a 4% sequential increase in net sales for Q2 2024, alongside improved margins and cash flow, but moderated its full-year outlook due to softening end markets.

Helios Technologies has terminated its CEO, Josef Matosevic, for violating company policy, including a consensual relationship with an employee, but not involving financial misconduct.

Helios Technologies has appointed an interim CEO and Executive Chairman following the placement of the current CEO on paid leave due to a potential ethics violation.

Helios Technologies held its 2024 Annual Meeting of Shareholders on June 6, 2024, where a director was elected, the appointment of an auditor was ratified, and executive compensation was approved on an advisory basis.

Helios Technologies has amended and restated its credit agreement, extending debt maturities, increasing borrowing capacity, and reducing borrowing costs.

Helios Technologies has declared a $0.09 per share cash dividend, marking its 110th consecutive quarterly payout.

Helios Technologies announced a solid start to 2024 with strong sequential growth in sales and margins, driven by both Hydraulics and Electronics segments.

Helios Technologies has declared a $0.09 per share quarterly cash dividend, continuing its streak of over 27 years of consecutive dividend payments.

Helios Technologies reported fourth quarter 2023 financial results with revenue and earnings in line with recent guidance, while also demonstrating cost control and debt reduction.