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Celestica (CLS) Stock News, Sep-Nov 2020

CLS NYSE

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.

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Celestica Inc. reported Q3 2020 financial results with revenue of $1.55 billion, up 2% from Q3 2019. The company achieved an IFRS EPS of $0.24, rebounding from a loss of $0.05 per share in the previous year. The Advanced Technology Solutions (ATS) segment revenue decreased 6%, while the Connectivity & Cloud Solutions (CCS) segment saw a 7% increase. Non-IFRS operating margin expanded to 3.9%, and free cash flow was $15.8 million. Q4 guidance estimates revenue between $1.35 billion and $1.45 billion.

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FAQ

What is the current stock price of Celestica (CLS)?

Celestica (CLS) last closed at $206.68.

What is the market cap of Celestica (CLS)?

The market cap of Celestica (CLS) is approximately $26.1B.