BRIEF-ATS Q1 earnings per share C$0.13

Wed Aug 17, 2016 6:16am EDT
 
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Aug 17 (Reuters) - ATS Automation Tooling Systems Inc :

* Q1 revenue C$265.4 million versus I/B/E/S view C$242.7 million

* Q1 earnings per share C$0.13

* ATS reports first quarter fiscal 2017 results

* Q1 earnings per share view C$0.13 -- Thomson Reuters I/B/E/S

* Q1 fiscal 2017 order bookings were $239 million, an 8% increase from Q1 of fiscal 2016

* Qtrly adjusted basic earnings per share $ 0.17

* Expects order backlog of $610 million at end of Q1 2017 to mitigate impact of volatile order on revenues in short term.

* In Q2 of fiscal 2017, expects order backlog conversion to be in higher end of 35% to 40% range Source text for Eikon: Further company coverage: