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ATS AUTOMATION ( 519 ) 653-6500 730 Fountain Street North , Cambridge , Ontario N3H 4R7 ATS REPORTS FIRST QUARTER FISCAL 2022 RESULTS Cambridge , Ontario ( August 11 , 2021 ) - ATS Automation Tooling Systems Inc. ( TSX : ATA ) ( " ATS " or the " Company " ) today reported its financial results for the three months ended June 27 , 2021 . First quarter highlights : • • • • • • Revenues increased 57.2 % year over year to $ 510.6 million . Earnings from operations were $ 52.0 million ( 10.2 % operating margin ) , compared to $ 21.1 million ( 6.5 % operating margin ) a year ago . Adjusted earnings from operations¹ were $ 65.4 million ( 12.8 % margin ) , compared to $ 29.7 million ( 9.1 % margin ) a year ago . Adjusted EBITDA¹ was $ 77.9 million ( 15.3 % adjusted EBITDA margin ) , compared to $ 39.2 million ( 12.1 % adjusted EBITDA margin ) a year ago . Earnings per share were 37 cents basic and diluted compared to 11 cents a year ago . Adjusted basic earnings per share¹ were 48 cents compared to 17 cents a year ago . Order Bookings were $ 637 million , 96.0 % higher than a year ago , reflecting a mix of organic growth and contributions from acquired companies . • Order Backlog increased 37.3 % to $ 1,248 million at June 27 , 2021 compared to $ 909 million a year ago . " First quarter performance featured strong organic revenue growth , contributions from strategic acquisitions , record Order Bookings and progress toward our margin expansion objective , ” said Andrew Hider , Chief Executive Officer . “ These results reflected good execution , and compared to a year ago , a more stable economic environment . We are proud of the ongoing efforts of the ATS team worldwide to address customer needs during the pandemic while maintaining our focus on continuous improvement through the ATS Business Model . Looking ahead , our record Order Backlog provides good revenue visibility , our balance sheet enables us to pursue our M & A strategy and we are positioned well to create long - term shareholder value . " Financial results ( In millions of dollars , except per share data ) Revenues Earnings from operations Adjusted earnings from operations¹ EBITDA¹ Adjusted EBITDA¹ Net income Adjusted basic earnings per share¹ Basic and diluted earnings per share 1 Non - IFRS measure : see " Notice to Reader : Non - IFRS Measures and Additional IFRS Measures " . Three Months Ended June 27 , 2021 Three Months Ended June 28 , 2020 $ 510.6 $ 324.9 $ 52.0 $ 21.1 $ 65.4 $ 29.7 $ 75.8 EA $ 39.2 $ 77.9 $ 39.2 $ 33.9 $ 9.8 $ 0.48 $ 0.37 EA $ 0.17 GA $ 0.11