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Celestica, Inc. - $CLS STOCK NEWS

Welcome to our dedicated page for Celestica news (Ticker: $CLS), a resource for investors and traders seeking the latest updates and insights on Celestica stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Celestica's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Celestica's position in the market.

Rhea-AI Summary

Aviz Networks and Celestica Inc. have announced a partnership to enhance SONiC networking solutions. The collaboration aims to provide advanced networking solutions for SONiC and GenAI, offering customers unprecedented control and flexibility at the fabric level. Celestica's expertise in compute and connectivity solutions combined with Aviz Networks' innovative software stack will streamline SONiC-based network deployments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
partnership
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Rhea-AI Summary
Celestica Inc. announces the successful election of directors at its Annual and Special Meeting of Shareholders, with each nominee receiving overwhelming support. Additionally, the resolution to remove provisions related to multiple voting shares and reclassify subordinate voting shares was approved, marking a significant step for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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none
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Rhea-AI Summary
Celestica Inc. announces Q1 2024 financial results with revenue exceeding expectations, non-IFRS adjusted EPS above guidance, and a raised full-year outlook. Revenue grew by 20% in Q1 2024 compared to the previous year, with strong performance in both segments. The company repurchased shares and provided guidance for Q2 2024, expecting a positive impact on net earnings. Celestica also updated its 2024 annual outlook, anticipating higher revenue, operating margin, EPS, and free cash flow. The company's acquisition agreement with NCS Global Services is set to close in May 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
Rhea-AI Summary
Celestica announces the schedule for its first quarter financial results and conference call on April 25, 2024, at 8:00am ET. The financial results will be released after market close on April 24, with a live webcast available for participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.42%
Tags
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News
Rhea-AI Summary
Celestica Inc. files its annual report on Form 20-F for the year ended December 31, 2023 with the SEC, accessible on its website. Shareholders can request a free copy via email.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.29%
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none
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Rhea-AI Summary
Celestica Inc. shifts its Annual and Special Meeting to a hybrid format, allowing in-person attendance at its Toronto office. Shareholders to vote on amending By-Law 1 to remove Canadian residency requirement for Board members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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none
Rhea-AI Summary
Celestica Inc. appoints Kulvinder Ahuja to its Board of Directors, bringing extensive industry knowledge and leadership acumen. Ahuja has over three decades of experience in networking and telecommunications, currently serving as the CEO of Versa Networks. Previously, he spent 18 years at Cisco, leading the Service Provider Business. Ahuja's appointment is expected to contribute to creating shareholder value for Celestica.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.84%
Tags
management
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Rhea-AI Summary
Celestica Inc. announces the Annual and Special Meeting of its Shareholders to be held in a virtual format on April 25, 2024. The Corporation has set March 8, 2024, as the record date for determining shareholders entitled to vote at the Meeting. Shareholders will consider a special resolution to amend the Corporation's articles of incorporation. Celestica will use the notice-and-access method for delivering proxy materials to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
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Rhea-AI Summary
Celestica Inc. (TSX: CLS) reported strong Q4 2023 results with revenue of $2.14 billion, a 5% increase from Q4 2022. The non-IFRS operating margin reached 6.0%, and non-IFRS adjusted EPS was $0.76, representing a 10% revenue growth for the full year compared to 2022. The company also provided guidance for Q1 2024 and updated its 2024 annual outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
Rhea-AI Summary
Celestica Inc. has been named one of Canada’s Top 100 Employers for Young People for 2024 by Mediacorp Canada Inc. The company's President and CEO, Rob Mionis, expressed gratitude for the recognition and emphasized the importance of creating a collaborative environment that fosters innovation and empowers employees. Chief Human Resources Officer, Leila Wong, highlighted the company's commitment to providing meaningful career development experiences and investing in programs and tools for young employees. Celestica was selected based on the strength of its programs to attract and retain younger workers, including benefits, internships, mentorship, training, and career management initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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none
Celestica, Inc.

NYSE:CLS

CLS Rankings

CLS Stock Data

5.86B
117.89M
0.99%
76.35%
3.9%
Bare Printed Circuit Board Manufacturing
Manufacturing
Link
United States of America
North York

About CLS

celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers’ success. through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. committed to providing a truly differentiated customer experience, our agile and adaptive employees share a proud history of demonstrated expertise and creativity that provides our customers with the ability to overcome any challenge.