Celestica(US:CLS) Globenewswire·2025-10-27 20:15Core Insights - Celestica Inc. reported strong Q3 2025 results with revenue of $3.19 billion and non-GAAP adjusted EPS of $1.58, reflecting growth of 28% and 52% respectively, exceeding guidance [3][8][10] - The company raised its 2025 annual outlook to $12.2 billion in revenue and adjusted EPS of $5.90, up from previous estimates of $11.55 billion and $5.50 [4][9] - For 2026, Celestica anticipates revenue of $16.0 billion and adjusted EPS of $8.20, indicating growth of 31% and 39% respectively, driven by strong demand in AI data center infrastructure [4][18] Q3 2025 Financial Performance - Revenue for Q3 2025 was $3.19 billion, a 28% increase from $2.50 billion in Q3 2024 [8] - Non-GAAP adjusted operating margin reached 7.6%, up from 6.8% in Q3 2024 [8][13] - GAAP earnings per share (EPS) were $2.31, compared to $0.75 for Q3 2024 [8][15] Segment Performance - Connectivity & Cloud Solutions (CCS) segment revenue was $2.41 billion, a 43% increase year-over-year, with a segment margin of 8.3% [13] - Advanced Technology Solutions (ATS) segment revenue decreased by 4% to $0.78 billion, with a segment margin of 5.5% [14] Q4 2025 Guidance - For Q4 2025, Celestica expects revenue between $3.325 billion and $3.575 billion, with adjusted EPS projected between $1.65 and $1.81 [6] - The guidance assumes a non-GAAP adjusted effective tax rate of approximately 20% [6] Annual Outlook - The updated 2025 annual outlook reflects strong Q3 results and anticipated demand for Q4 2025 [10] - The company maintains its adjusted operating margin outlook of 7.4% for 2025 [7] Future Outlook - The demand outlook from major customers remains strong, particularly in AI data center infrastructure, supporting the 2026 annual outlook [4][10] - Celestica plans to file a notice for a new Normal Course Issuer Bid (NCIB) to repurchase up to 5% of its public float [20]