SARASOTA, Fla. (AP) — SARASOTA, Fla. (AP) — Helios Technologies, Inc. (HLIO) on Tuesday reported net income of $7.3 million in its first quarter.
The Sarasota, Florida-based company said it had profit of 22 cents per share. Earnings, adjusted for one-time gains and costs, came to 44 cents per share.
The maker of screw-in hydraulic cartridge valves and manifolds posted revenue of $195.5 million in the period.
For the current quarter ending in June, Helios Technologies expects its per-share earnings to range from 46 cents to 54 cents.
The company said it expects revenue in the range of $198 million to $206 million for the fiscal second quarter.
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