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 Tracking 1052 U.S. listed China Stocks and Counting...
 Tracking 1533 U.S. Stocks and Counting...

 Ats Corp (NYSE AMEX:ATSC)

Friday, March 5, 2010
Research

We will be tracking the Ats Corp story due to:

  • New contract awards. PR Newswire (March 4, 2010)
  • The company strong EPS growth in its third quarter. (Revenues are still weak).BusinesssWire (November 09, 2009)
  • The stock trades at less than one times its book value per share of $2.19.

Comments & Business Outlook

Based on ATSC`s year to date profit margins, the Company is updating its EBITDA (1) guidance for 2009. The Company is now increasing its EBITDA (1) forecast for the year to be between $12 million and $13.5 million. The Company is reiterating its revenue guidance range of $121 million and $125 million.

Dr. Bersoff commented, "We have consistently exceeded our target EBITDA and EBITDA margins each quarter of 2009 and expect to end the year with EBITDA margins for the full year well in excess of industry norms."

BusinesssWire (November 09, 2009)