ATS Corporation (ATS)
ATS Corporation (ATS) is a global provider of manufacturing automation and designed solutions for various industries, including aerospace, defense, and life sciences. Founded in 1987, the company specializes in precision manufacturing, assembly, and testing services, leveraging advanced automation technologies to improve efficiency and quality for its clients.
Company News
Louisbourg Investments purchased 113,773 shares of ATS Corporation for $3.3 million in Q3, increasing its stake to 1.2% of its portfolio, signaling confidence in the automation company despite recent stock challenges.
Canadian stocks closed higher on Wednesday, with the S&P/TSX Composite index rising 1.23%. The best performers were Calibre Mining Corp, Wesdome Gold Mines Ltd., and SSR Mining Inc., while the worst performers were Brookfield Business Partners LP, Bausch Health Companies Inc., and ATS Corporation.
ATS (ATS) delivered earnings and revenue surprises of 17.07% and 9.93%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
CAMBRIDGE, Ontario, March 27, 2024 (GLOBE NEWSWIRE) -- ATS Corporation (TSX: ATS) (NYSE: ATS) (“ATS” or the “Company”) has announced today that it has entered into an agreement with a fund managed by Mason Capital Management LLC (the “Selling Shareholder”) and Scotiabank (the “Underwriter”), acting as Sole Bookrunner, pursuant t...