Brief: Atlas Technical Consultants Reports First Quarter 2020 Results

Atlas Critical Minerals

12/05/2020 24:14

May 11 (Reuters) - Atlas Technical Consultants Inc  ATCX.O :
    * ATLAS TECHNICAL CONSULTANTS REPORTS FIRST QUARTER 2020
RESULTS
    * Q1 REVENUE ROSE 3.5 PERCENT TO $109.3 MILLION
    * ATLAS TECHNICAL CONSULTANTS - ACTIONS IN RESPONSE TO
COVID-19
PANDEMIC, INCLUDE ESTIMATED $8-10 MILLION OF SAVINGS IN 2020
FROM COST MITIGATION MEASURES
    * ATLAS TECHNICAL CONSULTANTS - SUSPENDS 2020 GUIDANCE DUE
TO
UNCERTAINTY RELATED TO COVID-19 AND RELATED MACRO-ECONOMIC
IMPACTS
    * ATLAS TECHNICAL CONSULTANTS - BACKLOG AT QUARTER END
TOTALED
$607 MILLION, UP 6% FROM $575 MILLION AT END OF PRIOR YEAR
QUARTER
    * QTRLY LOSS PER SHARE $0.26

Source text for Eikon:  ID:nBw7XLzzwa 
Further company coverage:  ATCX.O 

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