Automation Tooling Systems (ATS) has reported its financial results for the three and nine months ended 26 December 2010, in which consolidated revenues were $192.5m (£119.4m), up from $162m in the previous quarter and $138.1m in the same period a year ago.
Consolidated loss from operations was $8.5m compared to earnings from operations of $5.5m in the second quarter of fiscal 2011 and $4.7m in the third quarter of 2010.
Third quarter loss per share was $0.14 compared to per share earnings of $0.04 (basic and diluted) in the second quarter of the fiscal year and per share earnings of $0.04 (basic and diluted) in the same period a year ago.
The company’s balance sheet was strong with cash net of debt of $95.3m at 26 December 2010.
