By Adriano Marchese

Shares of ATS Corp. rose after the company reported a profit and higher revenue in its second quarter largely due to revenue from construction contracts and the sale of goods.

The stock rose 7.2%, to 40.45 Canadian dollars (US$28.68), midday Wednesday. The shares have fallen about 7.8% since the beginning of the year.

The industrial-automation company reported revenue of C$728.5 million for the three months ended Sept. 28, up 19% from a year earlier.

Revenues from construction contracts rose nearly 27%, while revenues from the sale of goods rose 19%, the Cambridge, Ontario, company said.

ATS swung to a profit in the quarter, recording net income of C$33.6 million, compared with a loss of C$900,000. On a per-share basis, this was a profit of C$0.34 compared with a loss of C$0.01.

Adjusted earnings, which strip out exceptional costs and one-off items, were C$0.45 a share, topping expectations by analysts polled by FactSet of C$0.43 a share.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

November 05, 2025 12:38 ET (17:38 GMT)

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