ATS Automation Tooling Systems Inc. (ATA.TO) reported that its first-quarter net income was C$9.8 million or C$0.11 per share, compared to a loss of C$5.0 million or C$0.06 per share in the year ago quarter.
Fiscal 2013 first quarter net income from continuing operations was C$11.8 million or C$0.13 per share compared to net income from continuing operations of C$6.2 million or C$0.07 per share for the first quarter of fiscal 2012.
Revenues grew 20% to C$152.2 million, from C$126.9 million in the first quarter a year ago.
Analysts polled by Thomson Reuters expected the company to report earnings of C$0.13 per share on revenues of C$161.82 million for the quarter. Analysts' estimates typically exclude special items.
First quarter revenues were 20% higher than in the corresponding period a year ago as a result of increased Order Backlog entering the first quarter compared to a year ago, partially offset by a longer performance period on certain customer programs and timing of the assembly and build phase of larger programs.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.