Helios Technologies(HLIO) - 2023 Q4 - Earnings Call Presentation

• Amortization of intangible assets increased 9% to $8.2 million YoY reflecting the Company's flywheel acquisitions • Net interest expense: 4Q23 level down $0.1 million QoQ due to total debt reduction of 4%; up $3.6 million YoY due to higher interest rates and increased average net debt balance related to the debt financing of 1H23 acquisitions Operating Income and Margin • YoY operating income and margin declined reflecting reduced revenues and slightly increased SEA investments • QoQ adj. operating income ...