Ats Corporation (TSE:ATS) has released an update.
ATS Corporation announced a significant revenue increase of 17.7% to $3.03 billion in fiscal year 2024, alongside a 52.1% surge in net income to $194.2 million, signaling robust financial growth. The company’s fourth-quarter performance showcased a record $791.5 million in revenue, with a net income rise to $48.5 million, and anticipates a strong fiscal 2025 backed by a solid order backlog and the strategic acquisition of Paxiom Group. Despite these gains, there was a noticeable decline in certain adjusted earnings metrics, reflecting a complex financial landscape.
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