Helios Technologies shared its Q3 results, showing $230 million in sales, up 4% from last year.

HLIO · Helios Technologies

The AI's read

Growth came from both segments. Hydraulics sales rose 15%, and Electronics sales rose 10%, with new business wins helping the latter. Higher costs and research spending squeezed profit margins. Still, growth across the business and the raised sales forecast point to a stronger outlook.