Helios Technologies Inc. (HLIO) surged 9.64% in after-hours trading following the release of its first-quarter 2026 financial results, which significantly exceeded analyst expectations.
The company reported adjusted earnings per share of $0.80, beating the consensus estimate of $0.65 by 23.08%. Quarterly sales reached $228.4 million, surpassing estimates of $220.01 million and representing a 16.83% increase year-over-year. Net income more than doubled to $19.7 million.
Driving the positive investor sentiment, Helios Technologies also raised its full-year guidance. The company now expects consolidated revenue between $840 million and $870 million, up from its previous outlook, and projects adjusted diluted EPS in the range of $2.75 to $3.00, also an increase from prior guidance.
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