Celestica(US:CLS)2024-10-23 21:26Financial 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]