ATS Corporation reported strong order bookings and backlog growth in key segments, alongside improvements in gross margin. However, challenges in the transportation segment, revenue decline, and potential tariffs could impact future performance. The sentiment is balanced with significant highlights countered by noticeable lowlights.
Company Guidance
During the ATS Corporation third quarter conference call for fiscal 2025, several key metrics were highlighted. Order bookings reached $883 million, marking a 32% increase compared to the same period last year, with a trailing 12-month book-to-bill ratio of 1.18 to 1. The company reported revenues of $652 million, reflecting a 13% year-over-year decrease. Adjusted earnings from operations were $66 million. The order backlog was approximately $2.1 billion, with notable growth in the life sciences sector, which saw a 39% increase in backlog to a record $1.2 billion. The company continues to focus on expanding its market reach and recurring revenues, facing potential short-term complexities due to upcoming tariffs but remains strategically positioned for long-term growth with strong capabilities in high-value applications.
Record Order Bookings
Order bookings for the quarter were $883 million, up 32% from the same quarter last year, marking the second highest bookings quarter in company history.
Strong Life Sciences and Food & Beverage Backlog
Life sciences order backlog reached a record $1.2 billion, up 39% compared to Q3 last year, and food & beverage backlog increased by 22% to a record $252 million.
Gross Margin Improvement
Excluding acquisition-related charges, Q3 gross margin improved by 216 basis points to 30.7% due to a favorable mix and improved supply chain environment.
Innovation and Sustainability Focus
The company held an Innovation Summit and released its fifth annual Sustainability Report, emphasizing AI-driven initiatives and sustainable packaging solutions.
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ATS Corporation (TSE:ATS) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:ATS Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 05, 2025
C$38.19
C$41.02
+7.41%
Nov 06, 2024
C$42.55
C$40.71
-4.32%
Aug 08, 2024
C$37.50
C$38.40
+2.40%
May 16, 2024
C$44.65
C$47.06
+5.40%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ATS Corporation (TSE:ATS) report earnings?
ATS Corporation (TSE:ATS) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is ATS Corporation (TSE:ATS) earnings time?
ATS Corporation (TSE:ATS) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.