ATS Management Commentary Attributes Q2 Fiscal 2027 Net Loss to Lower Revenues
Bitget2026/11/04 12:21- ATS management commentary attributed second-quarter fiscal 2027 revenue decline of 8.6% to CAD 665.8 million to normalized GLP-1 activity and non-life-sciences weakness.
- Lower volumes and business mix reduced adjusted operating earnings 27.4% to CAD 57.4 million; adjusted operating margin fell to 8.6%.
- Net loss reached CAD 5 million, compared with CAD 33.6 million net income a year earlier, primarily reflecting lower revenue.
- Order delays exacerbated by tariff uncertainty put previous annual revenue-growth and margin-expansion goals out of reach; third-quarter revenue forecast: CAD 640 million–680 million.
- Order bookings rose 12.7% to CAD 827 million, primarily reflecting large enterprise orders, partly offset by lower nuclear refurbishment activity.
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