Welcome to our dedicated page for ATS news (Ticker: ATS), a resource for investors and traders seeking the latest updates and insights on ATS stock.
ATS Corporation (ATS) is an automation solutions provider whose news flow reflects developments across life sciences, transportation, food and beverage, consumer products, and energy markets. As a company listed on both the Toronto Stock Exchange and the New York Stock Exchange, ATS regularly issues press releases and Form 6-K filings that cover financial performance, leadership updates, capital allocation decisions and investor outreach.
News about ATS often includes quarterly financial results, where the company discusses revenues, net income, adjusted EBITDA and order bookings, as well as order backlog levels and trends by market. These updates provide insight into activity in areas such as pharmaceuticals, radiopharmaceuticals, medical devices, food and beverage processing, consumer products, transportation projects including electric vehicle battery assembly, and energy projects like nuclear refurbishment and grid battery storage.
Investors can also expect leadership and governance announcements, including information on CEO appointments, interim leadership arrangements and Board-driven search processes. In addition, ATS issues news on capital markets activity, such as normal course issuer bids on the TSX that authorize repurchases and cancellations of common shares as part of its capital structure strategy.
Another recurring theme in ATS news is investor relations events. The company frequently announces participation in global industrials, transportation and materials conferences hosted by financial institutions, where its executives meet with institutional investors and present the company’s automation capabilities and market exposure.
By following ATS news, readers can monitor how the company describes its project funnel, order backlog, margin initiatives and value creation strategy across its target markets. The ATS news feed on this page aggregates these updates so users can review financial releases, conference participation notices, share repurchase announcements and other disclosures in one place.
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 (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.
ATS (TSX and NYSE: ATS) has announced its participation in the upcoming J.P. Morgan Industrials Conference in New York City on March 11, 2025. CEO Andrew Hider and CFO Ryan McLeod will represent the company, hosting a fireside chat at 09:45 a.m. (ET).
The event will be accessible via webcast on the company's Investor Relations website, with a replay available for 30 days following the presentation. Additionally, management will conduct institutional investor meetings during the conference, which can be arranged through J.P. Morgan representatives or by contacting ATS directly.
ATS reported its Q3 fiscal 2025 results with revenues of $652.0 million, down 13.3% from $752.0 million year-over-year. Net income decreased significantly to $6.5 million (7 cents per share) from $47.2 million (48 cents per share) in the previous year.
Key highlights include Order Bookings of $883 million, up 32.2% year-over-year, and Order Backlog of $2,060 million, an 8.0% increase. The company's performance was impacted by reduced demand in the North American EV market, though partially offset by growth in life sciences and food & beverage sectors.
Recent acquisitions include Paxiom Group for $146.4 million and Heidolph Instruments for $45.1 million. The company expects Q4 fiscal 2025 revenues between $650-710 million, with continued impact from lower transportation revenues on margins until reorganization actions are fully implemented.
ATS (TSX and NYSE: ATS) has announced its participation in the Raymond James 46th Annual Institutional Investors Conference in Orlando, FL on March 5, 2025. CEO Andrew Hider and CFO Ryan McLeod will represent the company at the event.
The company will conduct a fireside chat at 9:50 a.m. (ET), which will be accessible via webcast on ATS's Investor Relations website. The webcast recording will remain available for 360 days following the event. Additionally, management will be available for institutional investor meetings, which can be arranged through Raymond James representatives or by contacting the provided email.
ATS (TSX: ATS) (NYSE: ATS) has announced it will release its third quarter financial results for the period ended December 29, 2024, before markets open on Wednesday, February 5, 2025. The company will host a conference call and webcast at 8:30 a.m. Eastern on the same day, featuring management's quarterly remarks and an analyst Q&A session.
Investors can access the webcast at the provided link or join the conference call by dialing (888) 660-6652 with reference number 8782510. A replay will be available on the ATS website, and a telephone recording will be accessible until February 12, 2025, by dialing (800) 770-2030 with passcode 8782510.