ATS Corporation Reports Q2 Non-GAAP EPS and Revenue Beats
ATS Corporation reported second-quarter financial results that exceeded market expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $0.27, surpassing estimates by $0.04, while revenue reached $665.8 million, beating consensus by $181.92 million despite an 8.6% year-over-year decline. Operational momentum was highlighted by a significant increase in order bookings, which rose to $827 million from $734 million in the prior year period. While the total order backlog saw a slight decrease to $2,009 million compared to $2,070 million a year ago, the strong revenue beat and booking growth suggest resilient demand within its core markets.
Tickers: $ATS
Topics: earnings beat financial results order bookings revenue