Celestica Inc. reports developments in data center infrastructure, advanced technology solutions, and supply chain operations under the CLS ticker on the NYSE and TSX.
Company news commonly covers quarterly and annual results, outlook updates, share repurchases, governance changes, annual meeting matters, and product activity for AI-scale networking. Recent operating themes include Connectivity & Cloud Solutions, Advanced Technology Solutions, DS6000-series 1.6TbE switches, open standards-based Ethernet networking, and collaboration-driven platforms for large-scale AI and machine learning infrastructure.
Celestica (CLS) received TSX acceptance for a share buyback allowing purchases of up to 3,132,127 common shares beginning November 3, 2026. The authorization represents approximately 2.5% of public float as of October 20, 2026, and ends November 2, 2027, or earlier if purchases are completed.
Repurchased shares will be cancelled. Funding will come from existing cash resources and draws on its credit facility or other available indebtedness. Management will determine actual purchases and timing. A TSX-cleared automatic purchase plan will allow a designated broker to buy shares during regulatory restrictions or company-imposed blackout periods.
Celestica (CLS) reported third-quarter 2026 revenue of $5.83 billion, exceeding guidance and accompanying higher earnings and a raised annual outlook. Revenue rose 83% year over year. GAAP diluted earnings per share increased to $3.26 from $2.31; adjusted diluted EPS, a non-GAAP measure, rose to $3.30 from $1.58, exceeding guidance. GAAP operating margin fell to 7.9% from 10.2%, while adjusted operating margin increased to 8.5% from 7.6%.
Celestica now expects 2026 revenue of $21.0 billion and adjusted EPS of $11.55, versus $20.5 billion and $11.30 previously. Its non-GAAP free cash flow outlook fell to $460 million from $600 million. For 2027, it expects revenue of $40.0 billion, adjusted EPS of $21.50 and adjusted operating margin of 9.0%, with capital expenditures of $1.5 billion to $2.0 billion. The company completed a public offering with $3.45 billion in gross proceeds and plans a new share repurchase program.
Celestica (CLS) introduced the DS6005, a data center switch using co-packaged optics designed for next-generation AI networks. The system places optical engines alongside the switch chip and is designed to deliver up to 102.4Tbps of switching capacity. Built on Broadcom’s Tomahawk 6 – Davisson chip, it uses full liquid cooling in a compact format for OCP ORv3 racks. Celestica says the design aims to improve power efficiency and bandwidth density.
Celestica (CLS) will hold its third-quarter results and 2026 Investor and Analyst Day conference call on October 27, 2026. The call starts at 8:00am ET; results will be released after market close on October 26. Management will discuss operations, strategic priorities, growth opportunities and its financial outlook. An in-person Lunch Forum in Midtown Manhattan will follow, exclusively for institutional investors and sell-side research analysts, subject to availability.
Celestica (CLS) announced on September 11, 2026 a new leadership structure including a Group President, Global Markets.
Effective October 1, 2026, long‑time Chief Financial Officer Mandeep Chawla will move into the newly created role of Group President, Global Markets, overseeing commercial execution and global market expansion. Todd Ankenmann, currently Senior Vice President, Finance, will succeed Chawla as Chief Financial Officer. The company said this structure is intended to support its strong and “unprecedented” growth and to position the business for sustainable, multi‑year expansion across its end markets.
Celestica (CLS) will host its 2026 Investor and Analyst Day on Tuesday, October 27, 2026, aligned with its third quarter 2026 financial results conference call.
The event will feature a virtual presentation and an in-person Lunch Forum in Midtown Manhattan, New York City. Chair of the Board and CEO Rob Mionis and executive leaders will take questions from the institutional investor community. Attendance at the Lunch Forum is limited to institutional investors and sell-side research analysts, subject to registration and space availability.
Celestica (NYSE: CLS, TSX: CLS) has completed its previously announced equity offering of 9,677,419 common shares at a public price of $310 per share. Including the underwriters’ fully exercised option for 1,451,612 additional shares, the company sold 11,129,031 shares for gross proceeds of approximately $3.45 billion before underwriting discounts and expenses.
According to Celestica, net proceeds are expected to be used for working capital, capital expenditure investments, and other general corporate purposes. BofA Securities and Citigroup acted as joint lead bookrunners, with several major banks serving as joint bookrunners and co-managers. The offering is supported by Canadian and U.S. shelf prospectuses filed on SEDAR+ and with the SEC.
Celestica (NYSE: CLS, TSX: CLS) has priced a previously announced equity offering of 9,677,419 common shares at $310 per share, for expected gross proceeds of approximately $3.0 billion before underwriting discounts and expenses. The company has granted underwriters a 30-day option to buy up to an additional 1,451,612 shares.
According to Celestica, net proceeds are expected to be used for working capital, capital expenditure investments and other general corporate purposes. The offering is expected to close on or about August 7, 2026, subject to customary conditions, including listing of the new shares on the NYSE and TSX. BofA Securities and Citigroup are joint lead bookrunners, and TD Securities is bookrunner.
Celestica (NYSE: CLS, TSX: CLS) announced a proposed $3 billion treasury equity offering of common shares to fund working capital and capital expenditure investments, aiming to support what it describes as unprecedented, multi-year demand from customers in high-performance AI compute and data center Ethernet networking.
The company plans to grant underwriters a 30-day option to buy up to an additional 15% of the offered shares. BofA Securities and Citigroup will serve as joint lead bookrunners, with TD Securities as bookrunner. According to Celestica, proceeds will strengthen its capital structure and balance sheet flexibility as it seeks to scale alongside large AI infrastructure deployment plans. Closing is subject to customary conditions, including an underwriting agreement and listing of the new shares on the NYSE and TSX. The offering will be made under Celestica’s Canadian base shelf prospectus and its automatic shelf registration statement on Form S-3 in the U.S.
Celestica (NYSE/TSX: CLS) reported Q2 2026 revenue of $4.70 billion, up 62% from Q2 2025, with GAAP operating margin of 9.8% and adjusted operating margin (non-GAAP) of 8.2%. GAAP EPS was $3.17 and adjusted EPS (non-GAAP) was $2.54, both above guidance.
CCS revenue rose 84% to $3.81 billion with 8.7% segment margin, while ATS revenue increased 8% to $0.89 billion with 6.3% margin. Celestica raised its 2026 outlook to $20.5 billion revenue, adjusted EPS of $11.30, 8.4% adjusted operating margin, and $600 million free cash flow, and guided Q3 2026 revenue to $5.25–$5.55 billion and adjusted EPS of $2.88–$3.08.