ATS Stock Price, News & Analysis

ATS reported mixed Q2 fiscal 2025 results with revenues declining 16.7% to $612.8 million. The company posted a net loss of $0.9 million compared to net income of $50.7 million a year ago. Key metrics showed significant declines: basic EPS fell to -$0.01 from $0.51, while adjusted EBITDA decreased to $78.3 million from $116.2 million. Order Bookings remained flat at $742 million, while Order Backlog stood at $1,824 million. The decline was primarily attributed to lower transportation revenues due to reduced North American electric vehicle production investments. The company completed strategic acquisitions of Paxiom and Heidolph during the quarter, expanding its packaging and life sciences capabilities.

ATS (TSX and NYSE: ATS) announced its participation in the UBS Global Industrials and Transportation Conference in Manalapan, FL on December 04, 2024. CEO Andrew Hider and CFO Ryan McLeod will host a fireside chat at 8:00 a.m. (ET).

The event will be accessible via webcast on the company's Investor Relations website, with replay available for 180 days. Institutional investors can arrange meetings through UBS representatives or by contacting ATS directly.

ATS (TSX: ATS) (NYSE: ATS) has announced it will release its second quarter financial results for the period ended September 29, 2024, before markets open on Wednesday, November 6, 2024. The company will host a conference call and webcast at 8:30 a.m. Eastern time to discuss management's quarterly remarks, followed by an analyst Q&A session. Investors can access the webcast online or join the conference call by phone. A replay will be available on the ATS website and via telephone until November 13, 2024.

ATS (TSX: ATS) (NYSE: ATS) has announced its participation in the Scotiabank Transportation & Industrials Conference in Toronto on November 13, 2024. Andrew Hider, CEO, and Ryan McLeod, CFO, will represent the company at the event.

Key points:

• ATS will host a fireside chat at 2:00 p.m. (ET)
• A live webcast will be available on the company's Investor Relations site
• The webcast replay will be accessible for 90 days
• Management will conduct institutional investor meetings at the conference

Interested parties can arrange meetings through their Scotiabank representative or by contacting dgalison@atsautomation.com.

ATS (TSX: ATS) (NYSE: ATS) has announced its participation in the Baird 2024 Global Industrial Conference in Chicago on November 12, 2024. The company's Chief Executive Officer, Andrew Hider, and Chief Financial Officer, Ryan McLeod, will be attending the event.

During the conference, ATS management will be available for institutional investor meetings. Interested parties can arrange these meetings by contacting their Baird representative or by emailing dgalison@atsautomation.com.

This participation provides an opportunity for ATS to engage with investors and showcase its position in the industrial automation sector. The Baird Global Industrial Conference is a significant event that brings together industry leaders and investors to discuss trends and opportunities in the industrial sector.

ATS (TSX: ATS) (NYSE: ATS) has announced its participation in the Morgan Stanley 12th Annual Laguna Conference on September 11, 2024, in Dana Point, CA. CEO Andrew Hider and CFO Ryan McLeod will represent the company at this event. They will be available for institutional investor meetings, which can be arranged through Morgan Stanley representatives or by contacting dgalison@atsautomation.com.

This conference provides ATS with an opportunity to engage with investors and showcase its business strategies and performance. The company's presence at such a high-profile event underscores its commitment to maintaining strong relationships with the investment community and keeping stakeholders informed about its progress and future plans.

ATS (TSX: ATS) (NYSE: ATS) has successfully completed its acquisition of Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH, collectively known as Heidolph. This acquisition, initially announced on August 7, 2024, involves the purchase of all material assets from Heidolph, a leading manufacturer of premium lab equipment for the life sciences and pharmaceutical industries. The completion of this acquisition marks a significant step for ATS in expanding its presence in the life sciences and pharmaceutical sectors, potentially enhancing its product portfolio and market position.

ATS (TSX: ATS) (NYSE: ATS) has successfully closed its previously announced private placement offering of C$400 million aggregate principal amount of 6.50% senior unsecured notes due August 21, 2032. The company intends to use the net proceeds to pay outstanding amounts owed under the revolving line of credit available under its senior syndicated credit facility.

The offering was underwritten by a syndicate led by National Bank Financial Inc. and RBC Dominion Securities Inc. The notes were offered for sale in Canada to accredited investors on a private placement basis and in the United States to qualified institutional buyers only, pursuant to Rule 144A of the U.S. Securities Act.

ATS (TSX: ATS) (NYSE: ATS) has announced its participation in the 2024 RBC Capital Markets Global Industrials Conference in Las Vegas, NV on September 24, 2024. CEO Andrew Hider and CFO Ryan McLeod will represent the company at the event.

Key points:

• ATS will host a break-out session on Tuesday, September 24, 2024, at 10:00 a.m. PT
• Management will be available for institutional investor meetings
• Investors can arrange meetings through RBC Capital Markets representatives or by contacting dgalison@atsautomation.com

This conference provides an opportunity for ATS to engage with investors and showcase its position in the industrial automation sector.