ATS' Fiscal Q2 Adjusted Earnings, Revenue Fall, Fiscal Q3 Revenue Guidance Issued

MT Newswires Live
06 Nov 2024

ATS (ATS) reported fiscal Q2 adjusted earnings Wednesday of CA$0.25 ($0.18) per diluted share, down from CA$0.63 a year earlier.

Analysts polled by Capital IQ expected CA$0.32.

Revenue for the quarter ended Sept. 29 was CA$612.8 million compared with CA$735.7 million a year earlier.

Analysts surveyed by Capital IQ expected CA$637.6 million.

For fiscal Q3, the company expects revenue in the range of CA$620 million to CA$680 million. Analysts surveyed by Capital IQ expect CA$702 million.

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