Welcome to our dedicated page for Celestica news (Ticker: CLS), a resource for investors and traders seeking the latest updates and insights on Celestica stock.
Celestica Inc. (NYSE: CLS, TSX: CLS) delivers essential technology solutions across aerospace, healthcare, and cloud infrastructure markets. This news hub provides investors and industry professionals with centralized access to official announcements and strategic developments.
Track critical updates including quarterly earnings reports, manufacturing innovations, and supply chain initiatives. Our curated collection features press releases about new product launches, strategic partnerships, and operational milestones across both business segments: Advanced Technology Solutions (serving aerospace/defense and healthtech) and Connectivity & Cloud Solutions (focusing on enterprise infrastructure).
Discover timely information about Celestica's global operations, sustainability efforts, and market positioning. All content is verified through primary sources to ensure accuracy for financial decision-making. Bookmark this page for ongoing insights into how CLS navigates evolving demands in smart manufacturing and connected technologies.
Celestica (NYSE: CLS) reported strong Q1 2025 financial results, with revenue reaching $2.65 billion, a 20% increase from Q1 2024. The company achieved an adjusted EPS of $1.20, surpassing guidance, and recorded its highest-ever adjusted operating margin of 7.1%.
Key segment performance includes CCS revenue of $1.84 billion (28% increase) with 8.0% margin, and ATS revenue of $0.81 billion (5% increase) with 5.0% margin. Hardware Platform Solutions revenue notably increased 99% to approximately $1 billion.
Based on strengthening demand outlook, Celestica has raised its 2025 annual guidance: revenue expectation increased to $10.85 billion from $10.7 billion, and adjusted EPS outlook raised to $5.00 from $4.75. The company repurchased 0.6 million shares for $75.0 million in Q1 2025.
Celestica (NYSE: CLS) has announced it will release its Q1 2025 financial results after market close on Thursday, April 24, 2025. The company will host a conference call to discuss the results on Friday, April 25, 2025, at 8:00am ET.
Interested participants can join the live webcast through the company's website. For those unable to attend, a recorded version will be made available approximately two hours after the call's completion on www.celestica.com.
Celestica (NYSE: CLS) has announced its 2025 Annual and Special Meeting of Shareholders, scheduled for Tuesday, June 17, 2025, at 9:30 a.m. EDT in a hybrid format. The company has set April 22, 2025, as the record date for determining eligible voting shareholders.
The company will utilize the notice-and-access method for delivering proxy materials, which will be available on Celestica's website and through SEDAR+ and EDGAR platforms. The meeting platform will enable shareholders to participate live, ask questions, and vote.
Additionally, Celestica's Board has adopted By-Law No. 2, effective January 29, 2025, establishing advance notice requirements for director nominations. This by-law requires shareholder confirmation at the upcoming meeting and provides a framework for the director nomination process, including submission deadlines and required information for nominees.
Celestica (NYSE: CLS) reported strong Q4 2024 financial results with revenue reaching $2.55 billion, a 19% increase year-over-year. The company achieved record-breaking quarterly adjusted EPS of $1.11, up from $0.77 in Q4 2023, exceeding guidance expectations.
Key Q4 2024 metrics include GAAP earnings from operations at 8.0% of revenue (up from 5.1% in Q4 2023) and adjusted operating margin of 6.8% (up from 6.0%). The company repurchased 0.3 million shares for $25.5 million during the quarter.
For 2025, Celestica has raised its outlook, projecting revenue of $10.7 billion (up from previous $10.4 billion) and adjusted EPS of $4.75 (increased from $4.42). The company cites strong demand in data center hardware and recent AI program wins, including two new 1.6T programs, as drivers for continued growth into 2026.
Celestica (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform, and supply chain solutions, has been named one of Canada’s Top Employers for Young People for 2025 by Mediacorp Canada Inc. This is the second consecutive year Celestica has received this distinction, highlighting the company’s commitment to nurturing young talent.
Rob Mionis, President and CEO of Celestica, expressed pride in the recognition, emphasizing the company’s dedication to empowering young professionals with meaningful opportunities to contribute, innovate, and grow. Leila Wong, Chief Human Resources Officer, credited strong leadership practices and impactful programs for attracting and retaining emerging talent.
Now in its 23rd year, Mediacorp Canada Inc.’s national program annually recognizes employers that offer the best workplaces and programs for young people starting their careers. Celestica was chosen based on the strength of its initiatives, including benefits, internships, mentorship, training, and career management programs.
Celestica (CLS) has announced it will release its Q4 2024 financial results after market close on Wednesday, January 29, 2025. The company will host a conference call to discuss these results on Thursday, January 30, 2025, at 8:00am ET. A live webcast will be available for participants, and a recorded version will be accessible approximately two hours after the call's completion on Celestica's website.
Celestica (TSX: CLS) (NYSE: CLS) has appointed Amar Maletira to its Board of Directors, effective January 1, 2025. Maletira, currently CEO of Rackspace Technology, brings over 25 years of experience in enterprise technology industries, having held senior executive positions at companies including Rackspace Technology, VIAVI Solutions, Hewlett-Packard, Siemens, and HCL-Picker.
Maletira's achievements include being named CFO of the Year by Silicon Valley Business Journal in 2016 and ranking #1 CFO in TMT Mid-Cap by Institutional Investor Magazine in 2019. He holds a BS in Electronics and Communication Engineering from Karnataka University and an MBA from the University of Michigan's Ross School of Business. With this appointment, Celestica's board will comprise 9 members.
Celestica (NYSE: CLS) announced the early termination of its existing share repurchase program and the TSX's acceptance of a new Normal Course Issuer Bid (NCIB). Under the existing program, the company repurchased 2,923,323 shares at an average price of US$43.28. The new NCIB, running from November 1, 2024, to October 31, 2025, allows for the repurchase of up to 8,609,693 common shares, representing 10% of the public float less previously purchased shares. Daily purchases will be to 160,924 shares, based on the average daily trading volume. The program will be funded through existing cash and credit facilities.
Celestica (NYSE: CLS) reported strong Q3 2024 financial results with revenue of $2.50 billion, up 22% year-over-year. The company's non-IFRS adjusted EPS increased 60% to $1.04. The CCS segment showed remarkable growth with revenue up 42% and improved margins of 7.6%. The company raised its 2024 outlook, projecting revenue of $9.60 billion and non-IFRS adjusted EPS of $3.85. For 2025, Celestica expects revenue of $10.40 billion with non-IFRS operating margin of 6.7% and adjusted EPS of $4.42.
Celestica Inc. (TSX: CLS) (NYSE: CLS) has launched the DS4100, a new 1U 800G per port top-of-rack, leaf/spine switch designed for AI/ML data center networking. Key features include:
- 16x 800G OSFP ports
- 12.8Tbps non-blocking switching capacity
- Field-replaceable fans and redundant hot-swappable power supplies
- Flexible I/O configurations supporting 112G SerDes-based NICs
- x86-based CPU for high performance
The DS4100 is optimized for AI/ML, big data analytics, hyperscale data centers, cloud computing, HPC, and network backbone applications. It supports SONiC as a production-hardened Network Operating System and incorporates the Open Network Install Environment (ONIE) installer.
