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ATS Automation posts Q1 profit as sales rise, discontinued operations cuts loss

Published on August 14, 2012; Published on August 14, 2012

Topics :: ATS Automation Tooling Systems Inc. , TSX , CAMBRIDGE

CAMBRIDGE, Ont. - ATS Automation Tooling Systems Inc. (TSX: ATA) had a $9.8-million profit in its latest quarter, as it reduced losses from discontinued operations. The profit was 11 cents per share, including a loss of two cents per share from discontinued operations. The maker of manufacturing equipment increased its revenue to $152.2 million in the quarter ended July 1, up from $126.9 million a year earlier.

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