ATS Corp reports Q2 FY2027 earnings miss and withdraws full‑year guidance
ATS Corporation posted second‑quarter fiscal 2027 revenue of $665.8 million, an 8.6% year‑over‑year decline, and adjusted earnings of $0.27 per share. The company also recorded a net loss of $5.0 million and removed its FY2027 revenue‑growth and margin‑expansion targets, citing tariff‑related order delays in its non‑life‑sciences segment. It forecast third‑quarter revenue of $640 million‑$680 million and highlighted a 12.7% rise in order bookings to $827 million.
Why it matters
The withdrawal of full‑year guidance and the lower‑than‑expected Q2 results signal reduced near‑term earnings potential, which may pressure ATS’s share price. The Q3 revenue range gives investors a new performance window to watch.
Key facts
- 1Q2 FY2027 revenue was $665.8 million, down 8.6% YoY. investing.com
- 2Adjusted earnings per share were $0.27. investing.com
- 3The company posted a net loss of $5.0 million, or -$0.05 per share. investing.com
- 4ATS withdrew its FY2027 revenue‑growth and margin‑expansion guidance. tradingview.com
- 5Third‑quarter FY2027 revenue is expected to be between $640 million and $680 million. investing.com
- 6Order bookings rose 12.7% YoY to $827 million, led by life sciences. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.