ATS Corporation Sets Q2 FY26 Revenue Guidance at $700-740mln.

ATS Corporation has provided revenue guidance for Q2 FY26, expecting revenues to be between $700 million and $740 million.

Entravision Communications Corp (NYSE:EVC) and SkyWater Technology (NASDAQ:SKYT) have recently reported their Q2 FY25 financial performance. Entravision Communications Corp, a leading media and advertising technology company, reported a 22% increase in consolidated revenue to $101 million, up from $83.4 million in Q2 2024 [1]. The company's Advertising Technology and Services (ATS) segment saw a 66% increase in revenue, while the Media segment experienced an 8% decline. Entravision also reported a reduction in corporate expenses by $4 million, resulting in nearly $18 million in annualized savings.

SkyWater Technology, a U.S.-based semiconductor manufacturer, reported GAAP revenue of $59.1 million, exceeding analyst expectations of $57.46 million. The company's non-GAAP earnings per share (EPS) showed a loss of $(0.11), which was less negative than the $(0.18) analysts had anticipated. However, results reflected a steep year-over-year decline as the company continues to navigate lower demand for equipment tools and delayed government-funded projects [2].

Both companies are facing challenges in their respective sectors. Entravision's Media segment saw a decline in revenue due to fewer active local advertisers, attributed to economic uncertainty and federal immigration enforcement actions. SkyWater's Tools revenue dropped sharply, leading to a significant decline in total company GAAP revenue. Despite these challenges, both companies have shown resilience and are investing in growth areas.

Entravision is investing in expanding its local sales teams and digital sales capabilities, while SkyWater is expanding its engineering team and sales capacity to support revenue growth. Both companies are also managing their operating expenses effectively, with Entravision reducing corporate expenses by $4 million and SkyWater performing at or above its internal guidance.

Looking ahead, Entravision has provided revenue guidance for Q2 FY26, expecting revenues to be between $700 million and $740 million. SkyWater's management provided detailed guidance for Q3 2025, expecting GAAP revenue to rise to $130 million–$141 million.

References:
[1] https://finance.yahoo.com/news/entravision-communications-corp-evc-q2-073139330.html
[2] https://www.nasdaq.com/articles/skywater-skyt-q2-revenue-drops-37