ATC Technology Corporation held its earnings conference call. The company intends to make acquisitions. The company stated that it is focusing on businesses at enterprise values of $150 million or less. The company added that it is more specifically, focusing on smaller, tuck-in or bolt-on acquisitions that are concentrated in products and services that are adjacent to what it currently does.

ATC Technology Corporation. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the companys revenue decreased to $125.3 million from $126.5 million for the same period in 2008. Income from continuing operations was $7.7 million or $0.38 per diluted share versus a loss from continuing operations of $52.9 million or $2.66 per share for the fourth quarter of 2008. On an adjusted basis, fourth quarter 2009 earnings from continuing operations were $0.50 per diluted share and equivalent to fourth quarter 2008's adjusted earnings from continuing operations of $0.50 per diluted share. The company reported net income of $7.7 million or $0.38 per diluted share compared to net loss of $52.9 million or $2.66 per diluted share for the same quarter a year ago. Income from continuing operations before income taxes was $15 million and operating income of $15.3 million compared to loss from continuing operations before income taxes of $73.3 million and operating loss of $73.1 million for the same quarter a year ago. Adjusted Income from continuing operations was $10.0 million compared to $10.0 million for the same quarter a year ago. For the full year, the companys consolidated revenues decreased 8.6% to $485.0 million compared to $530.6 million for the full year 2008. Income from continuing operations was $11.7 million or $0.59 per diluted share for 2009 compared to a loss of $22.7 million or $1.09 per share for 2008. Adjusted income from continuing operations was $2.15 per diluted share for 2009 compared to adjusted income from continuing operations of $1.91 per diluted share in 2008. The company reported net income of $11.7 million or $0.59 per diluted share compared to net loss of $25.2 million or $1.09 per diluted share for the previous year. Income from continuing operations before income taxes was $25.6 million and operating income of $26.5 million compared to loss from continuing operations before income taxes of $25.1 million and operating loss of $25.1 million for previous year. Adjusted Income from continuing operations was $42.7 million compared to $40.2 million for the previous year. The company provided earnings guidance for the year ending December 31, 2010. For the year, the companys full year revenue guidance is $515 to million $550 million, a 6% to13% increase compared to $485 million in 2009, and earnings per diluted share guidance is $2.13 to $2.45. Logistics revenues are expected to be $400 million to $430 million, with segment profit of $67 million to $74 million. In Drivetrain, the company expects revenues of $115 million to $120 million and segment profit of $2 million to $5 million. The company expects adjusted Income from continuing operations of $43.0 million or $2.13 per diluted share to $49.0 million or $2.45 per share, Diluted income from continuing operations to be $2.13 per share to $2.14 per share, income from continuing operations to be in the range of $43.0 million to $49.0 million, net cash provided by operating activities to be $33.0 million to $43.0 million and purchase of property plant and equipment of $13.0 million to $15.0 million.

ATC Technology Corporation. announced that they will report Q4, 2009 results after the market closes on February 09, 2010.

ATC Technology posts 4Q profit sales nearly flat

ATC Technology Corporation to Host Conference Call and Webcast of Fourth Quarter and Full-Year 2009 Results and 2010 Guidance

ATC Technology Corporation Reports Fourth Quarter and Full Year 2009 Results; Issues 2010 Guidance

ATC Technology Corporation Reports Fourth Quarter and Full Year 2009 Results; Issues 2010 Guidance

ATC Technology posts 4Q profit sales nearly flat

ATC Technology Corporation to Present at Stephens Conference

ATC Technology Corporation to Host Conference Call and Webcast of Fourth Quarter and Full-Year 2009 Results and 2010 Guidance

ATC Technology Corporation Announces Appointment of John M. Pinkerton as Vice President and Chief Financial Officer

ATC Technology Corporation Reports Fourth Quarter and Full Year 2009 Results; Issues 2010 Guidance

ATC Technology posts 4Q profit sales nearly flat

ATC Technology Corporation Reports Fourth Quarter and Full Year 2009 Results; Issues 2010 Guidance

Q4 2009 ATC Technology Corporation Earnings Release - Time Not Supplied

ATC TECHNOLOGY CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure

ATC Technology Corporation Reports Fourth Quarter and Full Year 2009 Results; Issues 2010 Guidance

ATC Technology posts 4Q profit sales nearly flat

ATC Technology Corporation to Host Conference Call and Webcast of Fourth Quarter and Full-Year 2009 Results and 2010 Guidance

ATC TECHNOLOGY CORP Files SEC form 8-K, Change in Directors or Principal Officers

ATC Technology Corporation Announces Appointment of John M. Pinkerton as Vice President and Chief Financial Officer

ATC Technology Corporation Reports Second Quarter Results

ATC Technology Corporation to Host Call and Webcast to Discuss Third Quarter 2009 Results