ATS Corp reports Q2 FY2027 loss, withdraws full‑year guidance
ATS Corporation posted second‑quarter FY2027 revenue of $665.8 million, an 8.6% year‑over‑year decline, and an adjusted earnings per share of $0.27. The quarter ended with a net loss of $5.0 million and order bookings of $827 million, up 12.7% YoY, while the order backlog fell to $2.009 billion. Citing tariff‑related delays and lower volumes, the company withdrew its FY2027 revenue‑growth and margin‑expansion targets and forecast Q3 revenue of $640 million‑$680 million.
Why it matters
The withdrawal of FY2027 guidance removes a key reference point for analysts, increasing uncertainty around the company’s future earnings trajectory. The revenue decline and loss may pressure the stock until new guidance is provided.
Key facts
- 1Q2 FY2027 revenue was $665.8 million, down 8.6% YoY from $728.5 million in the prior year period. investing.com
- 2Adjusted earnings per share were $0.27. investing.com
- 3Net loss was $5.0 million, or -$0.05 per share. investing.com
- 4Order bookings were $827 million, up 12.7% YoY. investing.com
- 5Order backlog stood at $2,009 million, down 2.9% from $2,070 million a year ago. investing.com
- 6The company withdrew its FY2027 revenue‑growth and margin‑expansion guidance. tradingview.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.