ATCO - Earnings announcements

Continuing to optimize business by increasing contract duration, delivering on newbuild program and maintaining robust liquidity LONDON, UK, Nov. 1, 2022 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") (NYSE:ATCO) announced today its results for the quarter ended September 30, 2022. Financial Highlights:Third quarter 2022 financial performance compared to third quarter 2021:Revenue decrease of 2.7% to $439.6 millionNet earnings of $185.7 million and Diluted EPS of $0.59Adjusted EBITDA(1) decrease of 9.7% to $291.1 millionRobust balance sheet with liquidity of $1,294.3 mi

LONDON and TORONTO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Atlas ("Atlas" or the "Company") (NYSE:ATCO) and Poseidon Acquisition Corp. ("Poseidon"), an entity formed by certain affiliates of Fairfax Financial Holdings Limited ("Fairfax"), certain affiliates of the Washington Family ("Washington"), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte. Ltd. ("ONE"), and certain of their respective affiliates today announced they have entered into a definitive agreement under which Poseidon will acquire Atlas in an all-cash transaction for an enterprise value of approximately $10.9 billion. Under the terms of the agreement, Poseidon will acquire all outstanding common shares

Atlas to Host Conference Call November 2 at 8:30 a.m. Eastern Time LONDON, UK, Nov. 1, 2022 /PRNewswire/ - Atlas ("Atlas" or the "Company") (NYSE:ATCO) and Poseidon Acquisition Corp. ("Poseidon"), an entity formed by certain affiliates of Fairfax Financial Holdings Limited ("Fairfax"), certain affiliates of the Washington Family ("Washington"), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte. Ltd. ("ONE"), and certain of their respective affiliates today announced they have entered into a definitive agreement under which Poseidon will acquire Atlas in an all-cash transaction for an enterprise value of approximately $10.9 billion.

LONDON, UK, Oct. 12, 2022 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the quarter ended September 30, 2022, after the market closes on Tuesday, November 1, 2022. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time on Wednesday, November 2, 2022, to discuss the results. To attend the conference call or webcast, participants should register online at ir.atlascorporation.com/events-and-presentations, and you will be provided with details to access the event. To avoid delays, pa

Adjusted EBITDA(1) growth of 2.6% to $279.5 million compared to Q2 2021 driven by highly differentiated business model and predictable cash flow LONDON, UK, Aug. 9, 2022 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") (NYSE:ATCO) announced today its results for the quarter ended June 30, 2022. Financial Highlights: Second quarter 2022 financial performance compared to second quarter 2021:Revenue growth of 4.9% to $413.3 millionNet earnings of $140.0 million and Diluted EPS of $0.43Adjusted EBITDA(1) growth of 2.6% to $279.5 millionCash proceeds of $201.3 million from exercise of warrants and resulting issuance of 25.0 million common sharesClosed nine vessel sales for gross proceeds of

LONDON, UK, July 19, 2022 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the quarter ended June 30, 2022, after the market closes on Tuesday, August 9, 2022. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time on Wednesday, August 10, 2022, to discuss the results. To attend the conference call or webcast, participants should register online at ir.atlascorporation.com/events-and-presentations, and you will be provided with details to access the event. To avoid delays, participan

Adjusted EBITDA(1) growth of 16.5% to $277.1 million driven by highly differentiated business model LONDON, UK, May 11, 2022 /PRNewswire/ - Atlas ("Atlas" or the "Company") (NYSE:ATCO) announced today its results for the quarter ended March 31, 2022. Financial Highlights: First quarter 2022 financial performance compared to first quarter 2021:Revenue growth of 9.5% to $408.1 millionNet earnings of $169.4 million and Diluted EPS of $0.56Adjusted EBITDA(1) growth of 16.5% to $277.1 millionAdjusted diluted EPS(1) growth of 56.0% to $0.39FFO per diluted share(1) growth of 21.7% to $0.73Robust balance sheet with liquidity of $951.3 million, total borrowings(1) t

LONDON, UK, April 21, 2022 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the quarter ended March 31, 2022 after the market closes on Wednesday, May 11, 2022. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time ("ET") on Thursday, May 12, 2022 to discuss the results. Conference Call and Webcast Information: Date of Conference Call: Thursday, May 12, 2022 Scheduled Time: 8:30 a.m. ET US/Canada Toll-Free Dial-In: +1 (877) 246-9875 International Dial-In: +1 (707) 287-9353 Listen O

Strong financial results exceed raised FY2021 guidanceIntroducing FY2022 guidance reflecting expectation of another record year LONDON, Feb. 16, 2022 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") (NYSE:ATCO) announced today its results for the quarter and year ended December 31, 2021. Financial Highlights: Fourth quarter 2021 financial performance compared to fourth quarter 2020: Revenue growth of 18.1% to $428.2 million Net earnings of $142.3 million and Diluted EPS of $0.48 Adjusted EBITDA(1) growth of 18.8% to $283.5 million Adjusted diluted EPS(1) growth of 44.8% to $0.42 FFO per diluted share(1) growth of 14.3% to $0.72Robust balance sheet wi

LONDON, Jan. 26, 2022 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the fourth quarter and year ended December 31, 2021, after the market close on Wednesday, February 16, 2022. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time (ET) on Thursday, February 17, 2022, to discuss the results. Conference Call and Webcast Information: Date of Conference Call: Thursday, February 17, 2022 Scheduled Time: 08:30 a.m. ET US/Canada Toll Free Dial-In: +1 (877) 246-9875 International Dial-I

Revenue Growth of 17.0% in Q3 Adjusted EBITDA(1) Growth of 29.0% in Q3Funds from Operations(1) Growth of 42.9% in Q3 Newbuild Fleet Growth of 25 Vessels, Totalling 175,000 TEU in Q3First of 70 Newbuild Vessels Delivered Ahead of ScheduleNewbuild Financing Ahead of Schedule $17.9 Billion(2) Total Gross Contracted Cash FlowReaffirms Increased 2021 Financial Guidance Atlas Corp. Third Quarter 2021 Financial Performance Compared to Third Quarter 2020 Revenue growth of 17.0% to $451.9 million Adjusted EBITDA(4) growth of 29.0% to $322.2 million Funds From Operations ("FFO")(1) growth of 42.9% to $248.0 million and FFO Per Share(1) growth of 36.8% to $0.93 Earnings per diluted share of $0.30 Adj

LONDON, Oct. 20, 2021 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the quarter ended September 30, 2021, after the market close on Monday, November 8, 2021. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time (ET) on Tuesday, November 9, 2021, to discuss the results. Conference Call and Webcast Information: Date of Conference Call: Tuesday, November 9, 2021 Scheduled Time: 08:30 a.m. ET US/Canada Toll Free Dial-In: +1 (877) 246-9875 International Dial-In: +1 (707) 287-9353 Li

Raised 2021 Financial GuidanceReflecting strong YTD performance and confidence in executing differentiated business model in H2 2021 Revenue Growth of 8.3% in Q2 Funds from Operations Growth of 20.0% in Q2 Adjusted EBITDA Growth of 14.1% in Q2 18 vessels and 184,000 TEU newbuild fleet growthSecured forward fixtures for 45 operating vessels(1)$16.2 Billion(2)(3) Total Gross Contracted Cash Flow Atlas Corp. Second Quarter 2021 Financial Performance Compared to Second Quarter 2020 Revenue growth of 8.3% to $393.9 million for the quarter ended June 30, 2021 Funds From Operations ("FFO")(4) growth of 20.0% to $193.5 million and FFO Per Share(4) growth of 14.1% to $0.73 for the quarter ended Jun

LONDON, July 21, 2021 /CNW/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the quarter ended June 30, 2021, after the market close on Monday, August 9, 2021. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time (ET) on Tuesday, August 10, 2021, to discuss the results. Conference Call and Webcast Information: Date of Conference Call: Tuesday, August 10, 2021 Scheduled Time: 08:30 a.m. ET US/Canada Toll Free Dial-In: +1 (877) 246-9875 International Dial-In: +1 (707) 287-9353 Listen Only Toll-F

LONDON, July 21, 2021 /PRNewswire/ - Atlas Corp. ("Atlas") (NYSE:ATCO) plans to release its financial results for the quarter ended June 30, 2021, after the market close on Monday, August 9, 2021. Atlas plans to host a conference call for all shareholders and interested parties at 8:30 a.m. Eastern Time (ET) on Tuesday, August 10, 2021, to discuss the results. Conference Call and Webcast Information: Date of Conference Call: Tuesday, August 10, 2021 Scheduled Time: 08:30 a.m. ET US/Canada Toll Free Dial-In: +1 (877) 246-9875 International Dial-In: +1 (707) 287-9353 Listen Only