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. (TSX: CLS) announced its Q1 2023 financial results, reporting revenue of $1.84 billion, a 17% increase from Q1 2022. The non-IFRS adjusted EPS was $0.47, up from $0.39 a year earlier. The company raised its 2023 revenue outlook to at least $7.6 billion and tightened its non-IFRS operating margin and adjusted EPS guidance. Key revenue growth was seen in both the Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS) segments, with ATS revenue up 14% and CCS revenue rising 20%. Despite a positive start to the year, the company acknowledged potential risks from supply chain constraints impacting its financial outlook.
Celestica (NYSE:CLS) is set to unveil its new design specification for an Enterprise Edge Gateway at the OCP Regional Summit in Prague on April 20, 2023. This open design will be submitted for OCP approval in May 2023 and aligns with AWS's Enterprise Edge Gateway base specification. The device features a Broadcom Trident-3 chipset and an 8-core Intel CPU, optimized for various applications including retail, manufacturing, video surveillance, IoT, and SD-WAN migration. With its compact 1U footprint, it offers extensive connectivity options including 48 multi-gig RJ45 ports and 4 SFP28 ports. Celestica aims to achieve OCP Inspired™ recognition for this innovative product, reinforcing its commitment to enhancing open networking solutions.