Celestica(CLS)
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Will Top-Line Growth Boost Celestica's (CLS) Q4 Earnings?
Zacks Investment Research· 2024-01-24 17:16
Celestica, Inc. (CLS) is set to report fourth-quarter 2023 results on Jan 29, after the closing bell. In the last reported quarter, the company beat the Zacks Consensus Estimate of 61 cents and delivered a trailing four-quarter earnings surprise of 7.77%, on average.The company is expected to record a top-line expansion year over year, backed by healthy demand for its manufacturing technology and service solutions in the computer and communication sectors. Management’s focus on product development in accord ...
Celestica Recognized as one of Canada's Top 100 Employers for Young People for 2024
Newsfilter· 2024-01-23 22:30
TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. ((NYSE, TSX:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, has been named one of Canada's Top 100 Employers for Young People for 2024 by Mediacorp Canada Inc., organizers of the annual Canada's Top 100 Employers project. "We are honoured to be named among Canada's Top 100 Employers for Young People in 2024," said Rob Mionis, President and Chief Executive Officer, Celest ...
Top 7 Millionaire-Maker Stocks to Buy for a 10-Fold Return
InvestorPlace· 2024-01-23 21:58
In stock investments, seasoned investors often seek high diamonds in rough — undervalued stocks with the potential for astronomical returns. A millionaire’s calculated bet can be reflected in these seven stocks, each representing a unique sector and promising significant growth. Leading the pack is the first stock, flaunting remarkable top-line growth and an impressive track record of closing high-value deals. Meanwhile, navigating the digital advertising realm, the second one outpaces industry expectations ...
Celestica (CLS) Stock Jumps 8.1%: Will It Continue to Soar?
Zacks Investment Research· 2024-01-22 11:01
Celestica (CLS) shares rallied 8.1% in the last trading session to close at $30.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.7% loss over the past four weeks.The uptrend is likely to have been driven by increased visibility in demand from hyperscale customers, which is expected to propel the Connectivity and Cloud Solutions segment. CLS is also likely to benefit from multiple expansion plans with gra ...
Celestica(CLS) - 2023 Q3 - Earnings Call Transcript
2023-10-26 15:46
Celestica Inc. (NYSE:CLS) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Craig Oberg - Vice President, Investor Relations and Corporate Development Rob Mionis - President and CEO Mandeep Chawla - Chief Financial Officer Conference Call Participants Robert Young - Canaccord Maxim Matushansky - RBC Capital Markets Daniel Chan - TD Cowen Thanos Moschopoulos - BMO Matt Sheerin - Stifel Todd Coupland - CIBC Operator Good morning ladies and gentlemen. And welcome to the Celestic ...
Celestica(CLS) - 2023 Q3 - Earnings Call Presentation
2023-10-26 15:43
1 This presentation contains forward-looking statements, including, without limitation, those related to our future growth; trends in the electronics manufacturing services (EMS) industry and our segments (and/or their constituent businesses), and their anticipated impact on our business; our anticipated financial and/or operational results and targets, including those on the slides captioned "Q4 2023 Guidance," "Q4 2023 Non-IFRS Tax Rate Estimate," "Q4 2023 End Market Revenue Outlook," and "Updated 2023 an ...
Celestica(CLS) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
12 more... CELESTICA INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (in millions of U.S. dollars, except percentages and per share amounts) (unaudited) (1) (2) (3) ASPPs). In connection with one of the September 2023 SBC ASPPs, we recorded an accrual of $6.5 as of September 30, 2023 (September 2023 SBC Accrual), representing the Contractual Maximum Quantity (0.3 million SVS) thereunder. SVS repurchased in Q3 2023, YTD 2023 and the respective prior year periods for cancellation and for SBC plan de ...
Celestica(CLS) - 2023 Q2 - Earnings Call Transcript
2023-07-27 18:20
Celestica Inc. (NYSE:CLS) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants Craig Oberg – Vice President, Investor Relations & Corporate Development Rob Mionis – President and Chief Executive Officer Mandeep Chawla – Chief Financial Officer Conference Call Participants Rob Young – Canaccord Thanos Moschopoulos – BMO Todd Coupland – CIBC Maxim Matushansky – RBC Capital Markets Daniel Chan – TD Cowen Operator Good morning, ladies and gentlemen, and welcome to the Celestica Q2 2023 ...
Celestica(CLS) - 2023 Q2 - Earnings Call Presentation
2023-07-27 14:49
Second Quarter 2023 Financial Results Cautionary Note Regarding Forward- Looking Statements All forward-looking statements attributable to us are expressly qualified by these cautionary statements. CEO Remarks Celestica™ Revenue $1.94B Non-IFRS Adjusted EPS – diluted1 $0.55 Up 11 cents YTY ATS1 and CCS2 Segment Revenue and Profitability ATS 38% CCS 62% | --- | --- | --- | |---------------------|------------|-----------------| | Revenue $ Q2 2023 | Sequential | Year over Year | | ATS | Up 9% | Up 24% | | CCS ...
Celestica(CLS) - 2023 Q2 - Quarterly Report
2023-07-26 16:00
| --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------|-------|-------|------------------|-------|--------------| | Assets | Note | | December 31 2022 | | June 30 2023 | | Current assets: | | | | | | | Cash and cash equivalents | | $ | 374.5 | $ | 360.7 | | Accounts receivable | 4 | | 1,393.5 | | 1,303.7 | | Inventories | 5&12 | | 2,350.3 | | 2,345.6 | | Income taxes receivable | | | 5.9 | | 7.2 | | Other current assets | 12 | | 202.8 | | 179.4 | ...