The company periodically undertakes reviews of its operations to ensure alignment with strategic market opportunities. As a part of this review, the company has identified an opportunity to improve the cost structure of the organization to reallocate resources to strategic focus areas and improve operational efficiencies. Actions are expected to begin in the third quarter of fiscal 2026 and continue to the end of the fiscal year. The company anticipates total restructuring expenses to be approximately $15M.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATS:
- ATS Corporation to Present at Baird 2025 Global Industrial Conference
- ATS Earnings this Week: How Will it Perform?
- ATS Corporation to Showcase at Baird 2025 Global Industrial Conference
- ATS Corporation’s Strategic Shift: New Leadership and Upcoming Reports Signal Promising Investment Opportunity
- ATS Corporation to Announce Q2 2025 Financial Results