分组1 - Celestica reported quarterly earnings of $1.89 per share, exceeding the Zacks Consensus Estimate of $1.74 per share, and showing a significant increase from $1.11 per share a year ago, resulting in an earnings surprise of +8.62% [1] - The company achieved revenues of $3.65 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 5.46%, and up from $2.55 billion in the same quarter last year [2] - Celestica has consistently outperformed consensus EPS and revenue estimates over the last four quarters, indicating strong operational performance [2] 分组2 - The stock has gained approximately 12.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.83 on revenues of $3.59 billion, while for the current fiscal year, the estimate is $8.21 on revenues of $16.01 billion [7] - The Electronics - Manufacturing Services industry, to which Celestica belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8]

Exhibit 99.1 FOR IMMEDIATE RELEASE January 28, 2026 (All amounts in U.S. dollars) CELESTICA ANNOUNCES FOURTH QUARTER AND FY 2025 FINANCIAL RESULTS Q4 2025 revenue and adjusted EPS* above the high end of our guidance ranges; Raising 2026 annual outlook TORONTO, Canada - Celestica Inc. (NYSE: CLS) (TSX: CLS), a global leader in data center infrastructure and advanced technology solutions, today announced its financial results for the fourth quarter ended December 31, 2025 (Q4 2025). 1 Q4 2025 Highlights 2025 ...

Core Insights - Celestica Inc. reported strong financial results for Q4 2025, with revenue of $3.65 billion and adjusted EPS of $1.89, both exceeding guidance [3][11][16] - The company raised its annual outlook for 2026, expecting revenue of $17.0 billion and adjusted EPS of $8.75, driven by strong demand for AI-related data center technologies [4][13] - Celestica plans to increase capital investments to $1 billion in 2026 to support anticipated growth, which will be funded organically through operating cash flow [4][24][27] Q4 2025 Highlights - Revenue for Q4 2025 was $3.65 billion, a 44% increase compared to Q4 2024's $2.55 billion [6][11] - Adjusted operating margin for Q4 2025 was 7.7%, up from 6.8% in Q4 2024 [6][11] - The Connectivity & Cloud Solutions (CCS) segment revenue reached $2.86 billion, a 64% increase year-over-year [11][12] 2025 Full Year Results - Total revenue for 2025 was $12.4 billion, a 28% increase from $9.65 billion in 2024 [3][18] - Adjusted EPS for 2025 was $6.05, compared to $3.88 in 2024 [18][19] - Three customers represented over 10% of total revenue, contributing 32%, 14%, and 12% respectively [18] Q1 2026 Guidance - For Q1 2026, Celestica expects revenue between $3.85 billion and $4.15 billion, with an adjusted operating margin of 7.8% at the mid-point [6][8] - The guidance assumes an adjusted effective tax rate of approximately 21% [7][8] Business Updates - Celestica is expanding its manufacturing capacity in the U.S. to support Google's production of TPU systems, with completion expected in 2027 [20][21] - The company is also investing in its manufacturing capacity in Southeast Asia to support Google's TPU platform and networking technologies [21][22] - A new program for the design and manufacturing of a 1.6 terabyte switching platform has been awarded to Celestica by a hyperscaler customer, with production expected to ramp up in 2027 [28]

​Celestica Inc. (NYSE:CLS) is one of the High-Flying Tech Stocks to Buy. On January 23, RBC Capital reiterated an Outperform rating on the stock with a $400 price target. Earlier, on January 20, Aletheia Capital also reiterated a Buy rating on Celestica Inc. (NYSE:CLS) and raised the price target from $330 to $410. ​Recently, on January 22, DigiTimes report stated that Inventec, one of the competitors of Celestica Inc., is expected to expand its role in Google Tensor Processing Unit manufacturing and ramp ...

Celestica Inc. (NYSE:CLS) is one of the stocks Jim Cramer discussed, along with market shortages. When a caller expressed worry upon hearing that Google might be backing out of its relationship with the company, Cramer remarked: Yeah, I saw that too and was thinking, boy, Celestica is really too high if that happens. Why don’t you trim some on Monday? I don’t know what’s going to happen, but the stock has made a big run. You’ll certainly feel better about it if you take that action. Stock market report ...

Core Insights - Celestica Inc. is a key player in the electronics manufacturing services sector, providing design, manufacturing, and supply chain solutions across various industries, with a quarterly earnings report expected on January 28, 2026, projecting earnings per share of $1.73 and revenue of approximately $3.49 billion [1][6] Financial Performance - Analysts project Celestica's earnings per share to be $1.73 and revenue around $3.49 billion for the upcoming quarter [1][6] - The company's stock price experienced a decline of $18.83 per share, or 6.08%, closing at $290.92, following news that Google may shift assembly work to other suppliers [2][6] Valuation Metrics - Celestica's current price-to-earnings (P/E) ratio is approximately 54.97, indicating a high valuation as investors are willing to pay a premium for earnings [3][6] - The price-to-sales ratio stands at about 3.41, and the enterprise value to sales ratio is around 3.46, suggesting a strong market valuation relative to sales [3] Financial Health - The company's debt-to-equity ratio is 0.45, reflecting a moderate level of debt compared to equity [4] - Celestica's current ratio is approximately 1.47, indicating a solid ability to cover short-term liabilities with short-term assets [4] Market Sentiment - Despite the recent stock price dip, Celestica has been upgraded to a "Buy" rating, driven by strong demand for AI infrastructure and anticipated growth in hyperscale data centers [4] - The upcoming earnings report is considered significant, with implications for market expectations based on options trading, particularly in the context of infrastructure themes [5]

Core Viewpoint - Celestica Inc. is under investigation for potential securities fraud or unlawful business practices following a significant drop in its stock price due to news regarding a shift in assembly work for Google's AI servers [1][3]. Group 1: Investigation Details - Pomerantz LLP is investigating claims on behalf of investors of Celestica, focusing on whether the company and its officers/directors engaged in securities fraud or other unlawful practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1]. Group 2: Stock Performance - On January 22, 2026, news from Digitimes indicated that Google may shift assembly work for its tensor processing units to other suppliers, which could reduce Celestica's role in assembling Google's AI servers [3]. - Following this news, Celestica's stock price fell by $18.83 per share, representing a decline of 6.08%, closing at $290.92 per share [3].

Group 1: Earnings Reports Overview - Earnings season is likened to traveling, with excitement leading to overwhelming moments when results are released [1] - The focus is on monitoring a wide range of earnings reports, not just the high-profile companies [2] Group 2: Company-Specific Insights - **Celestica Inc (CLS)**: The stock is off its record high of $363.40 but has shown a positive trend with a 100-day moving average increase. It has posted four consecutive post-earnings gains, with an implied earnings deviation of 14.7% [4][6] - **Nucor Corp (NUE)**: The company benefits from tariff dynamics and increased demand in the infrastructure sector. Its implied earnings deviation is 3.5%, which is below its two-year historical average [6] - **NextEra Energy (NEE)**: As the largest electric utility by market capitalization, it has seen muted post-earnings moves, indicating a focus on dividends rather than volatility. The implied earnings deviation is 5.0% [7] - **UnitedHealth Group (UNH)**: The first major health insurer to report, with recent price action being flat. Historical volatility has been influenced by an earnings miss in April 2025, with an implied earnings deviation of 5.3% [8][13]

Core Insights - The decision to postpone buying shares of Celestica Inc. (CLS) in December was validated as the stock has decreased by approximately 10% since that time [1]. Company Analysis - Celestica Inc. is currently facing a decline in stock value, which may present both challenges and opportunities for investors [1]. - The analyst has a beneficial long position in CLS shares, indicating confidence in the company's potential despite recent stock performance [2]. Market Perspective - The analyst emphasizes the importance of fundamental analysis and risk-reward balance in investment decisions, which is crucial for navigating the complexities of technology stocks like Celestica [1]. - The analyst aims to provide accessible insights for investors of all experience levels, fostering a collaborative exploration of market opportunities [1].

Summary of Earnings Conference Call Insights Industry Overview - **Industry Focus**: US Enterprise Hardware and Networking - **Key Trends**: AI infrastructure investments are expected to drive earnings per share (EPS) beats for select companies, while traditional demand remains uneven. Strong performance is anticipated in AI-centric data centers, supported by robust financial results from vendors like Ciena and EMS providers such as Jabil and TD SYNNEX [2][4]. Company-Specific Insights Arista Networks (ANET) - **Performance Expectations**: Anticipated revenue for December quarter is $2.42 billion, approximately 3% above the estimate of $2.35 billion, reflecting a 25% year-over-year growth against a guide of 19% to 24% [10][11]. - **EPS Forecast**: Expected diluted EPS of ~$0.79, which is a 5% beat compared to the estimate of $0.75 [10][11]. - **Revenue Guidance**: Expected to raise the CY26 revenue guidance to 22% growth from the previous 20% due to strong AI investments and $2.5 billion in deferred revenue entering the December quarter [18][19]. - **Historical Performance**: Over the past five years, Arista has consistently exceeded revenue guidance by an average of 4% in the December quarter [7][13]. - **Operating Margins**: Expected operating margin of at least 48.3%, which is approximately 150 basis points above the estimate of 46.8% [11]. IBM - **Revenue Expectations**: Anticipated revenue of $19.2 billion for the December quarter, in line with consensus estimates [22][25]. - **Segment Performance**: Expected constant currency growth of ~9% in Software, ~2% in Consulting, and ~6% in Infrastructure [22][24]. - **EPS Forecast**: Expected adjusted EPS of $4.29, slightly below consensus of $4.30 [23][25]. - **Future Guidance**: Anticipated guidance for CY26 revenue growth of 5+%, including a contribution from the pending Confluent acquisition [39][42]. Celestica (CLS) - **Revenue Expectations**: Projected revenue of $3.61 billion for the December quarter, which is 3% to 4% above the guide, driven by strong demand for AI back-end 800G switches [49][54]. - **EPS Forecast**: Expected adjusted EPS of $1.86, approximately 7.5% above the midpoint of the company outlook [49][54]. - **Future Guidance**: Anticipated increase in CY26 revenue and EPS guidance to $16.5 billion and $8.70 respectively, reflecting strong demand in both HPS switching and TPU/Compute [62][63]. Extreme Networks (EXTM) - **Performance Expectations**: Continued strength in wired and wireless markets is expected to support upside in December quarter revenue and EPS estimates [68]. Lumentum - **Revenue Expectations**: Expected revenue to exceed estimates by at least 5%, driven by strong demand for laser chips and transceivers [4]. Key Takeaways - **AI Investment Impact**: Companies like Arista, Celestica, and Lumentum are well-positioned to benefit from AI infrastructure investments, with expectations of revenue and EPS beats [2][4]. - **Market Sentiment**: Investor expectations for Celestica and Lumentum are notably high, while Arista's expectations are more modest, indicating a preference for Arista based on its conservative outlook [2][4]. - **Guidance Trends**: Companies are expected to provide optimistic guidance for the upcoming quarters, reflecting confidence in sustained demand and operational efficiency [18][19][59]. Additional Insights - **Market Dynamics**: The anticipated price increases by customers may lead to a slight demand pull-in, impacting orders positively for companies like Extreme Networks [68]. - **Operational Efficiency**: Companies are maintaining tight control over operating expenses, which is expected to enhance margins despite potential revenue mix challenges [11][23].