07:27 AM EST, 11/05/2025 (MT Newswires) -- Automation solutions provider ATS (ATS.TO) Tuesday said second-quarter adjusted earnings and revenue both advanced, beating forecasts.
Adjusted earnings from operations, which excludes most one-time items, jumped 40% to $79.1 million, or $0.45 per basic share, from $56.5 million, of $0.25 per basic share, a year ago. The result beat the consensus analyst estimate of $0.43 per share, according to FactSet.
Revenue rose 19% to $728.5 million, boosted by a 12.6% increase in organic revenue and beating the $721.5 million expected. Revenue increased in all ATS segments, except Transportation, which fell to $44.8 million, from $69.2 million.
At Sept. 28, the company's order backlog stood at $2 billion, 13.5% higher than at Sept. 29, last year, due to higher orders in all markets except for transportation.
ATS expects to generate revenue of between $700 million to $740 million during the third quarter. It also expects about $15 million in restructuring expenses to improve operational efficiencies