Welcome to our dedicated page for Atlas Critical news (Ticker: ATCX), a resource for investors and traders seeking the latest updates and insights on Atlas Critical stock.
Atlas Critical Minerals Corporation (NASDAQ: ATCX) is a mineral exploration and development company focused on critical minerals projects in Brazil, and its news flow reflects this focus on rare earths, nuclear-grade graphite, uranium, and iron ore. Company announcements describe a large portfolio of mineral rights exceeding 218,000 hectares, with assets that include rare earths, graphite, titanium, copper, uranium, nickel, and iron ore, as well as mineral rights for quartzite, gold, and diamond properties.
News updates for ATCX commonly cover developments at its key projects, such as the Alto do Paranaíba and Iporá rare earths projects, the Malacacheta Graphite Project, and the Rio Piracicaba Iron Ore Project. Disclosures have highlighted SK 1300 Technical Reports filed with the U.S. Securities and Exchange Commission, drilling and sampling results, metallurgical testing outcomes, and the start of revenue-generating iron ore operations.
Investors can also expect news related to capital markets activity, including the company’s listing on the Nasdaq Capital Market under the symbol ATCX and underwritten public offerings of common stock. These releases outline how proceeds are intended to support exploration and development across the Brazilian critical minerals portfolio and general corporate purposes.
This news page aggregates company press releases and market updates so readers can follow Atlas Critical Minerals’ progress on rare earths, nuclear-grade graphite, uranium, and iron ore projects in Brazil, along with regulatory and financing milestones that shape the company’s development path.
Atlas Technical Consultants (Nasdaq: ATCX) reported strong third quarter 2022 results, with gross revenue increasing by 17% to $162.1 million, driven by 10% organic growth. Adjusted EBITDA rose 30% to $25.8 million, achieving a record margin of 20%. Backlog reached a record $864 million, up 14% year-over-year. The company is reaffirming its revenue guidance for 2022, estimating between $590 million and $610 million. Net income improved to $2 million from a loss of $2.5 million in the prior year quarter, reflecting operational improvements and market demand.
Atlas Technical Consultants (Nasdaq: ATCX) has secured multiple contracts with the California Department of Transportation (Caltrans), valued at over $11 million, for Construction Materials Testing and Inspection over three years. These contracts support critical transportation projects that may receive funding from the Infrastructure Investment and Jobs Act. Atlas is tasked with ensuring the safe construction of roadways and fiber optic installations without compromising infrastructure integrity.
Atlas Technical Consultants (Nasdaq: ATCX) has secured an $18 million contract for underground storage tank (UST) inspection and service with a public agency. The contract spans an initial three-year term with two one-year extensions. Atlas will assess environmental releases and develop remediation plans, contributing to community safety through high-quality environmental services. This contract adds to Atlas's backlog for Q2 2022, highlighting its strong position in the UST inspection and remediation market.
Atlas Technical Consultants (Nasdaq: ATCX) will release its third quarter 2022 financial results on November 8, 2022, post-market close. A webcast and conference call are scheduled for November 9, 2022, at 9:00 a.m. Eastern time to discuss these results and recent developments. Atlas specializes in Infrastructure and Environmental solutions, employing over 3,500 people nationally. The company integrates services across Environmental, Testing, Inspection, Engineering, and Quality Management sectors, addressing infrastructure needs impacted by climate and economic challenges.
Atlas Technical Consultants has been awarded a 5-year contract worth up to $25 million by the Georgia Department of Transportation (GDOT) to provide program management services for transportation projects. This contract, containing a base term of three years with two optional one-year extensions, aims to enhance local agency project execution. Atlas's role includes managing projects from funding award to construction, ultimately improving infrastructure while safeguarding environmental resources. The company emphasizes its long-standing collaboration with GDOT to fulfill community infrastructure needs.
Atlas Technical Consultants has secured a $26 million contract with the Georgia Department of Transportation for Construction Engineering and Inspection services over three years. This contract involves critical services such as contract administration, inspection, and materials testing for various construction projects in the Southeastern District, covering 26 counties. Atlas aims to enhance transportation infrastructure, including road widening, asphalt rehabilitation, and bridge work, emphasizing a strong relationship with Georgia DOT, which focuses on innovation and sustainability in mobility solutions.
Atlas Technical Consultants reported strong second quarter results, with gross revenue rising 19.0% to $156.5 million. Adjusted EBITDA increased 16.7% to $21.2 million, indicative of robust operational performance. The gross margin, excluding subcontractor costs, reached a historic 60.4%. Backlog also set a record at $855 million, up 13.8% year-over-year. Despite a net loss of $1.4 million, the company reaffirms its 2022 outlook for continued double-digit revenue and EBITDA growth, supported by strong demand in infrastructure and environmental sectors.
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) is set to release its second quarter 2022 financial results on August 9, 2022, after market close. A conference call to discuss these results will occur on August 10, 2022, at 9:00 a.m. Eastern time. Headquartered in Austin, Texas, Atlas provides Infrastructure and Environmental solutions across diverse sectors. With over 3,500 employees, the company integrates services in Environmental, Engineering, and Quality Management. The press release contains forward-looking statements, highlighting various risks and uncertainties impacting future performance.
Atlas Technical Consultants has secured a six-year, $6.5 million contract for program management services related to Cobb County PARKS' 2022 SPLOST program. This initiative is expected to generate $52.2 million for park improvements and new developments, continuing Atlas' long-term partnership with the county. Atlas will provide essential management services to enhance community access to green spaces. The company has been managing Cobb PARKS SPLOST since 2012, reflecting its commitment to supporting local environmental and social needs.
AUSTIN, Texas, July 8, 2022 – Atlas Technical Consultants (Nasdaq: ATCX), a leading Infrastructure and Environmental services provider, announced that CEO L. Joe Boyer and Chief Strategy Officer Jonathan Parnell will participate in the CJS Securities 22nd Annual New Ideas Summer Conference on July 12, 2022. Atlas, headquartered in Austin, is focused on improving the performance and longevity of infrastructure assets through innovative solutions in Environmental, Testing, Inspection, Certification, Engineering, and Program Management. For more information, visit oneatlas.com.