ATS Stock Price, News & Analysis

ATS Corporation (TSX: ATS) (NYSE: ATS) announced the results of its Annual Meeting of Shareholders held virtually on August 7, 2025. All nominated directors listed in the Management Information Circular were successfully elected, with a significant 90.07% shareholder participation rate.

The voting results showed strong support for all nominees, with approval ratings ranging from 91.80% to 99.99%. Notably, Daniel A. Pryor received the highest approval at 99.99%, while Michael E. Martino, who was subsequently confirmed as the new Chair of the Board of Directors, received 91.80% approval.

ATS Corporation (TSX and NYSE: ATS) reported its Q1 fiscal 2026 results with mixed performance. Revenue increased 6.1% to $736.7 million, driven by a 4.1% contribution from acquisitions and 3.2% from foreign exchange impacts. However, net income declined to $24.3 million ($0.25 per share) from $35.3 million ($0.36 per share) year-over-year.

The company announced a leadership transition, with CEO Andrew Hider stepping down and CFO Ryan McLeod assuming the role of Interim CEO. Order Bookings decreased 15.2% to $693 million, while Order Backlog grew 9.9% to $2,068 million. By market segment, life sciences revenues increased 15.3%, food & beverage grew 43.1%, and consumer products rose 41.8%, while transportation revenues declined 58.8%.

For Q2 fiscal 2026, management expects revenues between $700 million to $740 million, supported by a strong order backlog and continued focus on margin expansion initiatives.

ATS Corporation (TSX: ATS) (NYSE: ATS) has announced key upcoming investor events. The company will release its first quarter fiscal 2025 results on Thursday, August 07, 2025, before markets open.

A conference call and webcast will be held at 8:30 a.m. Eastern on the same day, featuring management's remarks and an analyst Q&A session. Additionally, ATS will host its Annual Meeting of Shareholders virtually at 10:30 a.m. Eastern on August 7, 2025.

Baxter International (NYSE:BAX) has appointed Andrew Hider as its new President and CEO, effective no later than September 3, 2025. Hider, who will also join Baxter's board of directors, comes from ATS Corporation where he served as CEO since 2017.

Under Hider's leadership at ATS, the company achieved significant growth with adjusted revenues nearly doubling over five years, maintaining a low-to-mid teens CAGR. The company's stock price more than tripled on the TSX during his tenure. Brent Shafer, who has served as interim CEO since February 2025, will transition to the role of independent chair of the Baxter Board.

ATS Corporation (NYSE: ATS) announced that CEO Andrew Hider will step down by the end of August 2025 to pursue a new leadership opportunity outside the automation industry. CFO Ryan McLeod, who has nearly two decades of experience at ATS, will serve as interim CEO while the Board conducts a search for a permanent replacement.

During his eight-year tenure, Hider led ATS through significant growth and implemented the ATS Business Model. The company confirmed that its outlook for the current fiscal quarter and fiscal year remains unchanged. The announcement comes ahead of the company's Annual General Meeting on August 7th, 2025, where Mike Martino is expected to be elected as the new Board Chair.

ATS Corporation (TSX: ATS) (NYSE: ATS) announced its participation in the upcoming Stifel 2025 Cross Sector Insight Conference in Boston, MA on June 3, 2025. The company's top executives, CEO Andrew Hider and CFO Ryan McLeod, will be present at the conference to host meetings with institutional investors. Interested institutional investors can arrange meetings through their Stifel representative or by contacting the provided email.

ATS Corporation reported its Q4 and fiscal 2025 financial results. In Q4, adjusted revenues were $721.1M, down 8.9% from $791.5M last year. The company recorded a net loss of $68.9M compared to a profit of $48.5M in Q4 2024, primarily due to a $171.1M EV customer settlement. Order Bookings increased 9.1% to $863M, while Order Backlog grew 19.3% to $2,139M. For fiscal 2025, adjusted revenues were $2,680.2M (down 11.6%), with a net loss of $28M compared to $194.2M profit last year. The company completed strategic acquisitions of Paxiom ($146.4M) and Heidolph ($45.1M). Despite macroeconomic uncertainties, ATS remains optimistic about growth prospects, particularly in life sciences, food & beverage, and energy markets, while noting moderated EV investments in transportation.

ATS Corporation announced a settlement agreement with an Electric Vehicle customer regarding outstanding payments. The customer will pay USD $134.75 million (approximately CAD $194 million) in Q1 fiscal 2026. The settlement will result in a reduction to net income of CAD $129 million (approximately $171 million before taxes). Preliminary Q4 2025 results show: • Revenue: CAD $721 million • Loss from operations: CAD $113.6 million • Net loss: CAD $68.9 million • Adjusted net income: CAD $40.0 million • Order Bookings: CAD $863 million • Order Backlog: CAD $2,139 million The company will report full financial results on May 28, 2025.

ATS (TSX and NYSE: ATS) has announced its participation in the upcoming RBC Capital Markets Canadian Industrials Conference in Toronto on May 15, 2025. Ryan McLeod, the company's Chief Financial Officer, will represent ATS at the conference.

The event will provide an opportunity for institutional investors to engage with ATS management through scheduled meetings. Interested parties can arrange meetings through their RBC Capital Markets representative or by contacting the provided email address.