Celestica (CLS) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.64%. A quarter ago, it was expected that this electronics manufacturing services company would post earnings of $0.82 per share when it actually produced earnings of $0.91, delivering a surprise of 10.98%.Over the last ...

Financial Performance - Revenue increased by 22% year-over-year to $2.50 billion[7] - Non-IFRS Operating Margin increased by 100 bps year-over-year to 6.7%[7] - Non-IFRS Adjusted EPS – diluted increased by 39 cents year-over-year to $1.04[7] - Earnings from Operations as a Percentage of Revenue decreased by 20 bps year-over-year to 5.5%[8] - EPS - diluted increased by 10 cents year-over-year to $0.77[8] Segment Performance - ATS revenue decreased by 5% year-over-year, while CCS revenue increased by 42% year-over-year[7] - ATS segment income was $39.0 million in Q3 2024 compared to $42.1 million in Q3 2023[13] - CCS segment income was $128.7 million in Q3 2024 compared to $73.6 million in Q3 2023[13] - ATS segment margin was 4.8% in Q3 2024 compared to 4.9% in Q3 2023[14] - CCS segment margin was 7.6% in Q3 2024 compared to 6.2% in Q3 2023[14] - Non-IFRS Lifecycle Solutions revenue accounted for 63% of total revenue in Q3 2024, compared to 66% in Q3 2023[12] Q4 2024 Guidance and Annual Outlook - Q4 2024 Revenue is expected to be between $2.425 billion and $2.575 billion[21] - The company expects a Non-IFRS Operating Margin of 6.7% at the mid-point of revenue and non-IFRS adjusted EPS guidance ranges[21] - The company expects Non-IFRS Adjusted EPS – diluted to be between $0.99 and $1.09[21] - The company expects Non-IFRS Adjusted SG&A to be between $78 million and $80 million[21] - The company estimates a Non-IFRS Adjusted Effective Tax Rate of approximately 21% for Q4 2024[21] - The company anticipates 2024 Revenue outlook of $9.60 billion[24]

Exhibit 99.1 FOR IMMEDIATE RELEASE October 23, 2024 (All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted.) CELESTICA ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS AND WILL HOST VIRTUAL INVESTOR MEETING Q3 2024 revenue and non-IFRS adjusted EPS* exceed the high end of guidance ranges; 2024 full-year outlook raised and 2025 outlook provided TORONTO, Canada - Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform an ...

(All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted.) TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended September 30, 2024 (Q3 2024)†. “We are pleased to have delivered very strong financial performance in Q3 2024, with revenue up 22% year-to ...

Celestica, Inc. (CLS) is scheduled to report third-quarter 2024 earnings on Oct. 23. For the third quarter, the Zacks Consensus Estimate for revenues is pegged at $2.41 billion, which implies growth of 18.01% from the year-ago quarter’s reported number. The Zacks Consensus Estimate for third-quarter earnings is pegged at 92 cents per share, suggesting a rise of 41.54% year over year. Earnings estimates for CLS have remained unchanged at $3.65 per share for 2024 and $3.99 per share for 2025 over the past 60 ...

Group 1 - Celestica's share price has increased by 40% since April, indicating strong market performance [1] - The author emphasizes a background in IT and experience in managing a family portfolio, which has contributed to a deep understanding of investment dynamics [1] - The intention is to provide clear and accessible insights for investors of all experience levels, focusing on technology stocks and diverse sectors [1] Group 2 - The article expresses a commitment to collaborative exploration and insightful analysis to help investors navigate the market [1]

Celestica Inc. (CLS) recently launched DS4100 – a 1U 800G per port top-of-rack, leaf/spine switch – to cater to the high-bandwidth demands of data center networking across the enterprise, service provider and cloud provider domains. The latest addition to the Hardware Platform Solutions portfolio will help Celestica offer a comprehensive 800G data center switch lineup for demanding applications like artificial intelligence/machine learning (AI/ML) with the redundancy and flexibility required of modern data ...

. CLS Holdings USA, Inc. Partners with AE Global to Tackle the Plastic Crisis Innovative certified plastic-negative packaging partnership with AE Global's Talk Trash is projected to remove 27,000 lbs of ocean-bound plastic from the environment in 2025. October 15, 2024 8:00 AM EDT | Source: CLS Holdings USA, Inc. Las Vegas, Nevada--(Newsfile Corp. - October 15, 2024) - CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH), (the ''Company'' or ''CLS''), a diversified cannabis company operating as Cannabis Life Sc ...

Group 1 - The article discusses Celestica (NYSE: CLS, TSX: CLS:CA) and highlights an upcoming earnings release scheduled for the 23rd after market close [1] - The author mentions Bram de Haas, who has 15 years of investing experience and over 5 years managing a Euro hedge fund, emphasizing his risk management skills in identifying investment opportunities [1] Group 2 - The author has a beneficial long position in Celestica shares, indicating a personal investment interest in the company [2]

Company Analysis - Celestica Inc (NYSE: CLS) received a "Buy" rating in August 2023, which was reaffirmed in November 2023 [1] - The stock has shown a continuous upward trend since the initial coverage [1] Investment Research Service - Beyond the Wall Investing offers access to institutional-grade market analysis and investment ideas [1] - The service provides a free trial and a 10% discount for new subscribers [1] - Daniel Sereda, chief investment analyst at a family office, leads the investment group and specializes in filtering critical data for investment decisions [1] Analyst Position - The analyst holds a beneficial long position in Celestica Inc (NYSE: CLS) through stock ownership, options, or other derivatives [1]