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Stock impact report

ATS Reports Second Quarter Fiscal 2025 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 six months ended September 29, 2024. All references to "$" or "dollars" in this news release are to Canadian dollars unless otherwise indicated.Second quarter highlights:Revenues decreased 16.7% year over year to $612.8 million.Net loss was $0.9 million compared to net income of $50.7 million a year ago.Basic earnings (loss) per share were (1) cent, compared to 51 cents a year ago.Adjusted EBITDA1 was $78.3 million compared to $116.2 million a year ago.Adjusted basic earnings per share1 were 25 cents compared to 63 cents a year ago.Order Bookings2 were $742 million, flat year over year.Order Backlog2 was $1,824 million at the end of the quarter."Today ATS reported second quarter results for fiscal '25. Financial results were mixed, given lower transportation revenues, offset by solid execution across the majority of our businesses Show less Read more
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