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Stock impact report

ATS Reports Fourth Quarter and Annual 2024 Results

ATS Corporation Common Shares (ATS) 
Company Research Source: Business Wire
CAMBRIDGE, Ontario--(BUSINESS WIRE)--ATS Corporation (TSX and NYSE: ATS) (“ATS” or the “Company”) today reported its financial results for the three and twelve months ended March 31, 2024. All references to "$" or "dollars" in this news release are to Canadian dollars unless otherwise indicated.Fourth quarter highlights:Revenues increased 8.3% year over year to $791.5 million.Net Income was $48.5 million compared to $29.6 million a year ago.Basic earnings per share were 49 cents, compared to 32 cents a year ago.Adjusted EBITDA1 was $115.8 million, 2.0% lower compared to $118.2 million a year ago.Adjusted basic earnings per share1 were 65 cents compared to 73 cents a year ago.Order Bookings1 were $791 million, 7.3% higher compared to $737 million a year ago.Order Backlog1 was $1,793 million at the end of the quarter."Today ATS reported record fourth quarter revenues and strong Order Bookings," said Andrew Hider, Chief Executive Officer. "Our Order Backlog positions us well for fisc Show less Read more
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