Helios Technologies, Inc. (HLIO) Q2 2023 Earnings Call Transcript


Helios Technologies, Inc. (NYSE:HLIO) Q2 2023 Earnings Conference Call August 8, 2023 9:00 AM ET

Company Participants

Tania Almond – VP of IR and Corporate Communications

Josef Matosevic – President and CEO

Tricia Fulton – EVP and CFO

Conference Call Participants

Chris Moore – CJs Securities

Jeffrey Hammond – KeyBanc

Mick Dobre – Baird

Nathan Jones – Stifel

Jon Braatz – Kansas City Capital

Operator

Greetings, and welcome to the Helios Technologies Second Quarter 2023 Financial Results Conference Call. At this time all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. It is now my pleasure to introduce your host, Tania Almond, Vice President of Investor Relations and Corporate Communications. Thank you, you may begin.

Tania Almond

Thank you, operator, and good day everyone. Welcome to the Helios Technologies second quarter financial results conference call. We issued a press release announcing our results yesterday afternoon. If you do not have that release, it is available on our website at hlio.com. You will also find slides there that will accompany our conversation today.

On the line with me are Josef Matosevic, our President, and Chief Executive Officer; and Tricia Fulton, Executive Vice President, and Chief Financial Officer. They will spend the next several minutes reviewing our second quarter results, discussing our progress with our augmented strategy, reviewing our updated outlook for the second half of 2023, and then we will open the call to your questions.

If you turn to slide two, you will find our Safe Harbor statement. As you may be aware, we will make some forward-looking statements during this presentation and the Q&A session. These statements apply to future events that are subject to risks and uncertainties, as well as other factors that could cause actual results to differ materially from where we are today. These



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