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 (NYSE:CLS) has announced the appointment of Chris Colpitts to its Board of Directors, expanding the board to 9 members. Colpitts brings 20 years of experience in technology, media, and telecommunications sectors, with expertise in both investment banking and private equity.
Currently a Founder at Granite Peak Capital Group, Colpitts previously served as Partner and Head of TMT in the US at CVC Capital Partners. His appointment aims to strengthen Celestica's strategic guidance as the company pursues its next phase of innovation and expansion.
Celestica (NYSE:CLS) reported exceptional Q2 2025 financial results, with revenue reaching $2.89 billion, up 21% year-over-year. The company achieved GAAP EPS of $1.82 and adjusted EPS of $1.39, both exceeding guidance. Operating margins improved significantly, with GAAP operating margin at 9.4% and adjusted operating margin at 7.4%.
Due to strong performance and improved CCS customer demand outlook, Celestica raised its 2025 guidance. The company now expects annual revenue of $11.55 billion (up from $10.85 billion) and adjusted EPS of $5.50 (up from $5.00). For Q3 2025, Celestica projects revenue between $2.875-$3.125 billion and adjusted EPS of $1.37-$1.53.
The company's CCS segment revenue grew 28% to $2.07 billion, with Hardware Platform Solutions revenue surging 82% to $1.2 billion. The ATS segment revenue increased 7% to $0.82 billion. During Q2, Celestica repurchased 0.6 million shares for $40.0 million.
Celestica (NYSE:CLS) has scheduled its Q2 2025 financial results conference call for Tuesday, July 29, 2025 at 8:00am ET. The company will release its second quarter financial results after market close on Monday, July 28, 2025.
Investors can participate in the live webcast through the provided link, and a recorded version will be available approximately two hours after the call concludes on www.celestica.com.
Celestica (NYSE: CLS) reported strong Q1 2025 financial results, with revenue reaching $2.65 billion, a 20% increase from Q1 2024. The company achieved an adjusted EPS of $1.20, surpassing guidance, and recorded its highest-ever adjusted operating margin of 7.1%.
Key segment performance includes CCS revenue of $1.84 billion (28% increase) with 8.0% margin, and ATS revenue of $0.81 billion (5% increase) with 5.0% margin. Hardware Platform Solutions revenue notably increased 99% to approximately $1 billion.
Based on strengthening demand outlook, Celestica has raised its 2025 annual guidance: revenue expectation increased to $10.85 billion from $10.7 billion, and adjusted EPS outlook raised to $5.00 from $4.75. The company repurchased 0.6 million shares for $75.0 million in Q1 2025.
Celestica (NYSE: CLS) has announced it will release its Q1 2025 financial results after market close on Thursday, April 24, 2025. The company will host a conference call to discuss the results on Friday, April 25, 2025, at 8:00am ET.
Interested participants can join the live webcast through the company's website. For those unable to attend, a recorded version will be made available approximately two hours after the call's completion on www.celestica.com.
Celestica (NYSE: CLS) has announced its 2025 Annual and Special Meeting of Shareholders, scheduled for Tuesday, June 17, 2025, at 9:30 a.m. EDT in a hybrid format. The company has set April 22, 2025, as the record date for determining eligible voting shareholders.
The company will utilize the notice-and-access method for delivering proxy materials, which will be available on Celestica's website and through SEDAR+ and EDGAR platforms. The meeting platform will enable shareholders to participate live, ask questions, and vote.
Additionally, Celestica's Board has adopted By-Law No. 2, effective January 29, 2025, establishing advance notice requirements for director nominations. This by-law requires shareholder confirmation at the upcoming meeting and provides a framework for the director nomination process, including submission deadlines and required information for nominees.
Celestica (NYSE: CLS) reported strong Q4 2024 financial results with revenue reaching $2.55 billion, a 19% increase year-over-year. The company achieved record-breaking quarterly adjusted EPS of $1.11, up from $0.77 in Q4 2023, exceeding guidance expectations.
Key Q4 2024 metrics include GAAP earnings from operations at 8.0% of revenue (up from 5.1% in Q4 2023) and adjusted operating margin of 6.8% (up from 6.0%). The company repurchased 0.3 million shares for $25.5 million during the quarter.
For 2025, Celestica has raised its outlook, projecting revenue of $10.7 billion (up from previous $10.4 billion) and adjusted EPS of $4.75 (increased from $4.42). The company cites strong demand in data center hardware and recent AI program wins, including two new 1.6T programs, as drivers for continued growth into 2026.
Celestica (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform, and supply chain solutions, has been named one of Canada’s Top Employers for Young People for 2025 by Mediacorp Canada Inc. This is the second consecutive year Celestica has received this distinction, highlighting the company’s commitment to nurturing young talent.
Rob Mionis, President and CEO of Celestica, expressed pride in the recognition, emphasizing the company’s dedication to empowering young professionals with meaningful opportunities to contribute, innovate, and grow. Leila Wong, Chief Human Resources Officer, credited strong leadership practices and impactful programs for attracting and retaining emerging talent.
Now in its 23rd year, Mediacorp Canada Inc.’s national program annually recognizes employers that offer the best workplaces and programs for young people starting their careers. Celestica was chosen based on the strength of its initiatives, including benefits, internships, mentorship, training, and career management programs.