Welcome to our dedicated page for Atlas Technical Consultants news (Ticker: ATCX), a resource for investors and traders seeking the latest updates and insights on Atlas Technical Consultants stock.
Atlas Technical Consultants Inc. (ATCX) delivers essential testing, inspection, and engineering services for critical infrastructure nationwide. This news hub provides investors and industry professionals with authoritative updates on the company's strategic contracts, technological advancements, and regulatory milestones.
Discover timely reports on ATCX's public-sector partnerships, including transportation infrastructure inspections and multi-year government contracts. Track innovations like AI-driven data collection tools and specialized software deployments that enhance operational efficiency across 3,300+ employees.
Key updates include federal compliance achievements, major project awards, and advancements in structural assessment methodologies. All content is verified for accuracy, offering neutral insights into ATCX's role in maintaining national infrastructure standards.
Bookmark this page for consolidated access to Atlas Technical Consultants' official announcements and analysis of their market position in engineering services. Check regularly for developments impacting public-sector project execution and long-term growth strategies.
Atlas Technical Consultants (Nasdaq: ATCX) announced the release of its first quarter 2022 financial results scheduled for May 10, 2022, after market close. A webcast and conference call will occur on May 11, 2022, at 9:00 a.m. Eastern time to review these results and discuss recent developments. The company emphasizes its commitment to improving infrastructure through its various services, which include Environmental Solutions, Engineering & Design, and Testing, Inspection, and Certification.
Atlas Technical Consultants has acquired 1 Alliance Geomatics, enhancing its geospatial services in the transportation and water resources sectors. Based in the Pacific Northwest, 1 Alliance specializes in high-tech solutions, utilizing advanced technologies like 3D laser scanning and drones. This acquisition aims to broaden Atlas' service offerings and strengthen its market position. The deal is immediately accretive and reduces Atlas’ debt level. Company leaders from 1 Alliance will stay on to facilitate growth.
Atlas Technical Consultants (Nasdaq: ATCX) reported strong fourth-quarter results for 2021, with gross revenue up 15.5% to $145.2 million and adjusted EBITDA surging 33.9% to $20.7 million. The company achieved a record backlog of $808 million, a 29% increase year-over-year, driven by major infrastructure and environmental contracts. Despite a net loss of $7.4 million, adjusted net income improved to $2.1 million. For 2022, Atlas anticipates gross revenue between $580 million and $620 million, reflecting robust demand and strategic acquisitions.
Atlas Technical Consultants has acquired TranSmart Technologies, a leader in Intelligent Transportation Systems and Connected and Autonomous Vehicles. The deal enhances Atlas’ service offerings, integrating traditional engineering with innovative technology.
TranSmart, with over 100 employees, aims to improve transportation efficiency and safety through advanced engineering solutions. The acquisition, funded through cash and stock, is expected to drive revenue synergies and strengthen Atlas’ market position in states like Texas, California, and New York.
Atlas Technical Consultants (Nasdaq: ATCX) has been awarded a $115 million contract by the Metropolitan Transportation Authority (MTA) as part of a Joint Venture with WSP USA to provide project management for the Penn Station Access Project. The contract spans 86 months and includes construction management, design oversight, and operations management. This project aims to enhance regional connectivity and support underserved communities by providing new transit options from the Bronx, Westchester, and Connecticut to Manhattan.
Atlas Technical Consultants (ATCX) will release its 2021 fourth quarter and full-year financial results on March 15, 2022, after market close. A conference call and webcast will follow at 5:00 p.m. ET to discuss the results and engage in a Q&A session. The webcast will be available on the company's website, and phone access will be provided for those unable to attend online.
With over 3,600 employees, Atlas specializes in Infrastructure and Environmental Solutions, focusing on improving asset performance across various sectors.
Atlas Technical Consultants (Nasdaq: ATCX) has secured a $5 million contract from ConocoPhillips to deliver environmental services over a five-year term. The project focuses on assessing and remediating petroleum-oil impacted soil and groundwater in the western U.S. Atlas has partnered with ConocoPhillips since 2005, emphasizing a strong relationship built on trust and safety. The contract is part of Atlas's broader mission to provide sustainable solutions while maintaining a healthy work environment.
Atlas Technical Consultants, a prominent Infrastructure and Environmental solutions provider, has secured a $3 million contract with Antelope Valley Community College District in California. This five-year contract designates Atlas as the Laboratory of Record for construction materials testing and inspections. With over 30 years of experience, Atlas aims to enhance project performance while minimizing risks and costs. The company's certified engineers and inspectors will utilize state-of-the-art facilities for various testing services, supporting AVC's extensive campus projects.
Atlas Technical Consultants, a leading Infrastructure and Environmental solutions provider, will participate in the CJS Securities 22nd Annual "New Ideas for the New Year" Conference on January 12, 2022. Headquartered in Austin, Texas, Atlas offers services across four main areas: Environmental, Testing, Inspection and Certification, Engineering & Design, and Program, Construction, and Quality Management. With over 3,600 employees, the company focuses on improving the performance and extending the lifecycle of infrastructure assets impacted by climate, health, and economic factors.
Atlas Technical Consultants (Nasdaq: ATCX) announced that CEO Joe Boyer and CFO David Quinn will present at the Credit Suisse 9th Annual Industrials Conference on December 3, 2021, at 8:50 a.m. Eastern Time. The presentation will be accessible via a live audio webcast through the company’s website, with a replay available following the event.
Atlas, based in Austin, Texas, specializes in Infrastructure and Environmental solutions, employing over 3,600 people nationwide and providing services in multiple disciplines, including Environmental, Engineering, and Quality Management.
