Helios Technologies Plans To Provide Its Estimates Of The Effects Of Hurricane Milton On Its Q4 Financial Projections When It Reports Its Upcoming Q3 2024 Financial Results
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Helios Technologies, Inc. (NYSE:HLIO) is recovering from Hurricane Milton, which directly hit Sarasota, affecting its facilities. The company plans to provide estimates of the hurricane's impact on its Q4 financial projections when it reports Q3 2024 results. Two of its three Sun Hydraulics' manufacturing facilities have reopened six days after the hurricane.
October 15, 2024 | 1:17 pm
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Helios Technologies is recovering from Hurricane Milton, which affected its Sarasota facilities. The company will provide estimates of the hurricane's impact on Q4 financials with its Q3 2024 results. Two of three manufacturing facilities have reopened.
The reopening of facilities is positive, but the full financial impact of the hurricane is yet to be disclosed. Investors will be looking for these details in the upcoming Q3 2024 results. The immediate reopening suggests resilience, but uncertainty remains about the full financial impact.
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