ATS Withdraws FY2027 Goals as Q2 Revenue Falls 8.6%
ATS reported Q2 FY2027 revenue of C$665.8 million, down 8.6% year over year, and a net loss of C$5.0 million versus net income of C$33.6 million a year earlier. It no longer expects modest FY2027 revenue growth or 50–75 basis points of margin expansion.
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11:01:44 AM UTC
SquawkNews
ATS CORP Q2 REVENUE CAD 665.8 MILLION VS. IBES ESTIMATE CAD 681.6 MILLION
11:03:56 AM UTC
SquawkNews
Nov 04 (Reuters) - ATS Corp Q2 net income CAD -5 million.
ATS reported Q2 FY2027 revenue of C$665.8M, down 8.6% year over year, and a net loss of C$5.0M versus net income of C$33.6M a year earlier. It no longer expects modest FY2027 revenue growth or 50—75 basis points of margin expansion.Material DetailsContext by AI AnalystThis is a quarterly results up…