AtkinsRéalise Posts Mixed Q2 Results and Adjusts FY24 Forecast
Friday, 9 August 2024, 10:27
Overview of Q2 Results
AtkinsRéalise has released its second quarter results, showcasing both positive and negative indicators.
Key Financial Metrics
- Non-GAAP EPS: C$0.49
- Revenue: C$2.36 billion (up 10.8% Y/Y)
- Net Cash Used: C$88.7 million in operating activities
Updated Fiscal Guidance
In light of current results, the company has updated its fiscal year 2024 guidance, reflecting adjustments in expectations.
Conclusion
The mixed quarterly results and cautious fiscal adjustments highlight the ongoing challenges faced by AtkinsRéalise in maintaining robust financial health. Investors should closely monitor future developments as the company navigates these uncertain waters.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.