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.
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Celestica announces the schedule for its first quarter financial results and conference call on April 25, 2024, at 8:00am ET. The financial results will be released after market close on April 24, with a live webcast available for participants.
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Celestica Inc. files its annual report on Form 20-F for the year ended December 31, 2023 with the SEC, accessible on its website. Shareholders can request a free copy via email.
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Celestica Inc. shifts its Annual and Special Meeting to a hybrid format, allowing in-person attendance at its Toronto office. Shareholders to vote on amending By-Law 1 to remove Canadian residency requirement for Board members.
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Celestica Inc. appoints Kulvinder Ahuja to its Board of Directors, bringing extensive industry knowledge and leadership acumen. Ahuja has over three decades of experience in networking and telecommunications, currently serving as the CEO of Versa Networks. Previously, he spent 18 years at Cisco, leading the Service Provider Business. Ahuja's appointment is expected to contribute to creating shareholder value for Celestica.
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Celestica Inc. announces the Annual and Special Meeting of its Shareholders to be held in a virtual format on April 25, 2024. The Corporation has set March 8, 2024, as the record date for determining shareholders entitled to vote at the Meeting. Shareholders will consider a special resolution to amend the Corporation's articles of incorporation. Celestica will use the notice-and-access method for delivering proxy materials to shareholders.
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Celestica Inc. (TSX: CLS) reported strong Q4 2023 results with revenue of $2.14 billion, a 5% increase from Q4 2022. The non-IFRS operating margin reached 6.0%, and non-IFRS adjusted EPS was $0.76, representing a 10% revenue growth for the full year compared to 2022. The company also provided guidance for Q1 2024 and updated its 2024 annual outlook.
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Celestica Inc. has been named one of Canada’s Top 100 Employers for Young People for 2024 by Mediacorp Canada Inc. The company's President and CEO, Rob Mionis, expressed gratitude for the recognition and emphasized the importance of creating a collaborative environment that fosters innovation and empowers employees. Chief Human Resources Officer, Leila Wong, highlighted the company's commitment to providing meaningful career development experiences and investing in programs and tools for young employees. Celestica was selected based on the strength of its programs to attract and retain younger workers, including benefits, internships, mentorship, training, and career management initiatives.
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Celestica Inc. (CLS) will hold its fourth quarter financial results conference call on January 30, 2024, at 8:00am ET. The financial results will be released after market close on January 29. Participants can join the live webcast and access the recorded webcast on the company's website. For more information, contact Celestica Investor Relations at clsir@celestica.com.
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Celestica Inc. (NYSE: CLS) (TSX: CLS) announced a Normal Course Issuer Bid (the “Bid”) to repurchase up to 11,763,330 subordinate voting shares, representing approximately 9.9% of the issued and outstanding subordinate voting shares and approximately 10.0% of the 'public float'. The purchases will be made through various stock exchanges and will be funded using existing cash resources and draws on its credit facility.
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Celestica Inc. (CLS) reaffirms 2023 annual financial outlook, raises 2024 non-IFRS adjusted earnings per share* outlook, and provides 2025 and 2026 financial targets. The company's 2023 annual financial outlook includes revenue of $7.9 billion, non-IFRS operating margin* of 5.5%, non-IFRS adjusted earnings per share* of $2.36, and non-IFRS adjusted free cash flow* of $150 million. The 2024 annual outlook consists of revenue of at least $8.5 billion, non-IFRS operating margin* of between 5.5% and 6.0%, non-IFRS adjusted earnings per share* of $2.70 or more, and non-IFRS adjusted free cash flow* of $175 million or more. Revenue and non-IFRS adjusted earnings per share* targets for 2025 and 2026 are also provided.
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