Celestica(CLS) - 2025 Q1 - Earnings Call Presentation

Q1 2025 Financial Performance - Revenue reached $2649 billion, a 20% increase year-over-year, exceeding the guidance of $2475 billion - $2625 billion[15] - Adjusted Operating Margin (Non-GAAP) was 71%, a 120 bps increase year-over-year, surpassing the guidance of 68%[15] - Adjusted EPS (Non-GAAP) was $120, a 45% increase year-over-year, also exceeding the guidance of $106 - $116[15] - Adjusted Gross Margin (non-GAAP) was 110%, a 11% increase year-over-year[18] - GAAP Earnings from Operations as a % of Revenue was 49%, a decrease of 80 bps year-over-year[15] - GAAP EPS was $074, a 4% decrease year-over-year[15] Segment Performance - ATS segment revenue was $807 million, a 5% increase year-over-year[19] - CCS segment revenue was $1842 billion, a 28% increase year-over-year, with Communications at $1428 billion (up 87%) and Enterprise at $414 million (down 39%)[19] - ATS segment income was $41 million, a 28% increase year-over-year, with a segment margin of 50%, up 80 bps[19] - CCS segment income was $147 million, a 49% increase year-over-year, with a segment margin of 80%, up 120 bps[19] 2025 Outlook - Revenue outlook is $1085 billion, increased from previous outlook of $1070 billion[39] - Adjusted Operating Margin (Non-GAAP) is 72%, increased from previous outlook of 69%[39] - Adjusted EPS (Non-GAAP) is $500, increased from previous outlook of $475[39]