Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Helios Technologies Reports Second Quarter 2024 Financial Results; Delivers Continued Sequential Margin and Cash Flow Improvements • Delivered net sales of $219.9 million up 4% over 1Q24 with Hydraulics up 2% and Electronics up 7% • Demonstrated sequential margin improvement over 1Q24 across both gross (+40 bps) and operating (+220 bps) margins from improved volume, operational initiatives, and cost management • Achieved diluted EPS of $0.41 in 2Q24 and Dilute ...

The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Earnings Whisper Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. Please note that a negative Earnings ESP readin ...

Click here to participate in the action. If you purchased or otherwise acquired Helios shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. ...

For Helios Technologies, the consensus EPS estimate for the quarter has been revised 1.5% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on HLIO going forward to see if this recent jump can turn into more strength down the road. Helios Technologies, Inc. (HLIO) shares soared 5.1% in the last trading session to close at $43.38. The move was backed by solid volume with far more share ...

On July 8, 2024, Helios issued a press release announcing that its Board of Directors had "place[d] Josef Matosevic, the Company's President, Chief Executive Officer and Director, immediately on a paid leave effective July 1, 2024, as a result of allegations of a potential violation of the Company's Code of Business Conduct and Ethics." Helios stated that "Mr. Matosevic's leave is pending completion of an ongoing investigation being conducted by the Board with the assistance of outside legal counsel." The i ...

SAN DIEGO, July 10, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Helios Technologies, Inc. (NYSE: HLIO) ("Helios" or the "Company") or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased Helios securities? If you purchase ...

SAN DIEGO, July 9, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Helios Technologies, Inc. (NYSE: HLIO) ("Helios" or the "Company") or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. Click Here to Join the Investigation There is no cost or ob ...

Within the past quarter, the Zacks Consensus Estimate for HLIO's full-year earnings has moved 4.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. One other Industrial Products stock that has outperformed the sector so far this year is Applied Industrial Technologies (AIT) . The stock is up 8.9% year-to-date. Investors interested in the Industrial Products sector may want to keep a close eye on Helios Technologies and Applied Industrial Technologies as ...

Helios Technologies (HLIO) closed the last trading session at $47.99, gaining 6.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $65.50 indicates a 36.5% upside potential. The mean estimate comprises four short-term price targets with a standard deviation of $9.57. While the lowest estimate of $58 indicates a 20.9% increase from the current price level, the most optimistic analys ...

From a technical perspective, Helios Technologies, Inc (HLIO) is looking like an interesting pick, as it just reached a key level of support. HLIO's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a long ...