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ATS Announces Settlement with EV Customer, Preliminary Fourth Quarter 2025 Results and Fourth Quarter Earnings Call

Summary by Financial Post
CAMBRIDGE, Ontario -- ATS Corporation (TSX and NYSE: ATS) ("ATS" or the "Company") today announced that it has reached a settlement agreement (the “Agreement”) with its Electric Vehicle (“EV”) customer with respect to the previously disclosed outstanding payments owed. Under the terms of the Agreement, the Company will receive payment from the customer of USD $134.75 million (approximately $194 million at the year end exchange rate) in the first…

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stocktitan.net broke the news in on Saturday, May 24, 2025.
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