CLS Rides on Steady Cash Flow Growth: Will the Momentum Persist?

Key Takeaways CLS grew operating cash flow to $408.9M for the first nine months of 2025, up from $330.5M a year earlier.Celestica saw a 43% jump in CCS revenue, led by 400G and 800G switches amid strong AI-driven demand.CLS raised 2025 free cash flow guidance to $425M as revenue growth and a stable cash cycle support liquidity.Celestica, Inc. (CLS) generated an operating cash flow of $126.2 million compared with $122.8 million in the year-ago quarter, bringing the respective tallies for the first nine month ...