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ATS Provides Innovative Nuclear Decommissioning Solution to Holtec International

ATS Provides Innovative Nuclear Decommissioning Solution to Holtec International News provided by Share this article Share this article CAMBRIDGE, ON, Feb. 12, 2021 /CNW/ - ATS Automation Tooling Systems Inc. (TSX: ATA) ( ATS or the Company ), an industry-leading automation solutions provider, today provided an update on its innovative nuclear decommissioning program for Holtec International, a diversified energy technology company and new ATS customer. The Order Booking was received in ATS third quarter of fiscal 2021 and is expected to be delivered over the next 9 months. ATS scope of work includes the design, build and test of specialized tooling equipment to support the decommissioning of retired nuclear plants in Holtec s U.S. based fleet. The equipment is critical to the safe and efficient decommissioning of a nuclear power plant and will be tested underwater at ATS full-scale mock-up test facility. Included in the Order Booking is customer training in the use of the

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ATS reports third-quarter profit up from year ago, beats expectations

ATS reports third-quarter profit up from year ago, beats expectations
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ATS reports third-quarter profit up from year ago, beats expectations | iNFOnews

February 03, 2021 - 4:15 AM CAMBRIDGE, Ont. - ATS Automation Tooling Systems Inc. beat expectations as it reported its third-quarter profit rose compared with a year ago as it reduced costs. The maker of automation systems says it earned $18.9 million or 20 cents per share for the quarter ended Dec. 27, up from $4.1 million or four cents per share a year earlier. Revenue totalled $369.7 million, up from $367.2 million. The company s order backlog rose to $985 million compared with $939 million. On an adjusted basis, ATS says it earned 30 cents per share for the quarter, up from an adjusted profit of 26 cents per share a year earlier.

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ATS reports third-quarter profit up from year ago, beats expectations - Medicine Hat NewsMedicine Hat News

ATS reports third-quarter profit up from year ago, beats expectations - Medicine Hat NewsMedicine Hat News
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15 Top TSX Stock Picks for February 2021

The $2.5 billion software company has been trading on the TSX for just over six months but has already grown more than 150%. The growth stock provides cloud-based software for its clients, which primarily consist of legal and financial firms, and government institutions. The software is designed to automate the process of storing and accessing public records. No one will make the case that Dye & Durham is in the most exciting line of business, but that should not stop investors from starting a position in this potential multi-bagger. What investors should be more concerned about is the high valuation. While Dye & Durham does trade at a lofty price-to-sales ratio above 30 today, growth does not come cheap. If you’re able to hold for the long-term and can stomach the volatility, this is one tech stock you’ll want to have on your radar this month.

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