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ATS Automation Tooling Systems Inc.

10:29 AM EST - ATS Automation Tooling Systems Inc. : Reported financial results for the three months ended December 29, 2019. Revenues increased 14% to $367.2 million. Organic growth in revenues was 5% with 9% coming from acquired businesses. Earnings from operations were $10.4 million (3% operating margin), compared to $38.5 million (12% operating margin) a year ago. Adjusted earnings from operations were $37.5 million (10% margin), compared to $46.7 million (15% margin) a year ago. EBITDA was $26.8 million (7% EBITDA margin), compared to $48.7 million
ATS Automation Tooling Systems Inc. shares T.ATA are trading down $0.25 at $20.47.