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Celestica - CLS STOCK NEWS

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.

Overview of Celestica Inc.

Celestica Inc. (NYSE: CLS, TSX: CLS) is a globally recognized provider of end-to-end product lifecycle solutions, catering to some of the most innovative companies across diverse industries. With a commitment to delivering informed, flexible, and scalable solutions, Celestica empowers its customers to succeed in dynamic and competitive markets. The company operates through two primary segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS), each addressing specific market needs with tailored expertise and capabilities.

Business Segments and Core Operations

Advanced Technology Solutions (ATS): The ATS segment serves industries requiring high-precision and mission-critical solutions, including Aerospace and Defense, Industrial, HealthTech, and Capital Equipment. Within the Capital Equipment business, Celestica supports semiconductor, display, and robotics equipment markets, showcasing its ability to meet the demands of highly specialized sectors.

Connectivity & Cloud Solutions (CCS): The CCS segment focuses on Communications and Enterprise markets, providing essential hardware and supply chain solutions for servers, storage, and networking equipment. This segment represents a significant portion of Celestica's revenue, reflecting its strong position in the connectivity and cloud infrastructure space.

Value Proposition and Market Differentiation

Celestica's value proposition lies in its ability to offer comprehensive solutions that span the entire product lifecycle—from initial design and prototyping to full-scale production and after-market services. The company's global operations network and advanced IT platform enable it to deliver agile and adaptive solutions, ensuring that customers can respond effectively to evolving market demands. By leveraging its deep expertise, Celestica helps its partners overcome complex challenges, drive innovation, and achieve operational excellence.

Industry Context and Competitive Landscape

Operating at the intersection of technology, manufacturing, and supply chain management, Celestica is part of a highly competitive industry characterized by rapid technological advancements and evolving customer requirements. Its primary competitors include other global providers of design and manufacturing services, as well as niche players specializing in specific market segments. Celestica differentiates itself through its customer-centric approach, technical innovation, and ability to deliver tailored solutions across multiple industries.

Commitment to Innovation and Sustainability

Innovation is a cornerstone of Celestica's strategy. The company continuously invests in advanced technologies and solutions to help customers navigate the complexities of modern markets. For example, its portfolio of networking switches, including products supporting Software for Open Networking in the Cloud (SONiC), exemplifies its commitment to engineering excellence and adaptability. Additionally, Celestica adheres to sustainability principles, aligning its operations with environmental and social goals to create long-term value for stakeholders.

Global Reach and Expertise

With a presence across North America, Europe, and Asia, Celestica combines global expertise with local insights to serve a diverse customer base. Its talented teams bring a wealth of experience and creativity, enabling the company to deliver solutions that address both traditional and emerging market needs. This global footprint ensures that Celestica remains a trusted partner for companies seeking reliable and innovative solutions.

Conclusion

Celestica Inc. stands out as a vital enabler of innovation and operational efficiency for its customers. Through its diversified portfolio, global operations, and commitment to excellence, the company continues to play a pivotal role in shaping the future of technology and supply chain solutions. By addressing complex challenges with agility and expertise, Celestica reinforces its position as a trusted partner for leading brands worldwide.

Rhea-AI Summary
Celestica Inc. reports Q3 2023 financial results, exceeding guidance and raising full-year outlook. Revenue increased by 6% to $2.04 billion compared to Q3 2022. Non-IFRS operating margin was 5.7%. Adjusted EPS was $0.65. The company reiterates its 2024 outlook for 10% or more growth in non-IFRS adjusted EPS.
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Celestica will release its third quarter financial results on October 25, with a conference call scheduled for October 26 at 8:00am ET. A live webcast will be available for participants, and a recorded webcast will be accessible later. Contact Celestica Investor Relations for more information.
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Celestica Inc. (NYSE, TSX: CLS) announced that its controlling shareholder, Onex Corporation, intends to offer for sale 6,757,198 of Celestica’s subordinate voting shares. BofA Securities will act as the underwriter for the proposed offering. The offering is being made in the United States and Canada. Prospective investors in the United States and Canada should read the relevant prospectus and documents incorporated by reference therein.
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Celestica Inc. reports Q2 2023 revenue and non-IFRS adjusted EPS above guidance ranges, raises 2023 outlook
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FAQ

What is the current stock price of Celestica (CLS)?

The current stock price of Celestica (CLS) is $92.8 as of March 3, 2025.

What is the market cap of Celestica (CLS)?

The market cap of Celestica (CLS) is approximately 11.6B.

What does Celestica Inc. specialize in?

Celestica specializes in end-to-end product lifecycle solutions, including design, manufacturing, and supply chain services, across diverse industries.

What are Celestica's main business segments?

Celestica operates through two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS).

Which industries does Celestica serve?

Celestica serves industries such as Aerospace, Defense, HealthTech, Industrial, Communications, and Enterprise markets.

How does Celestica generate revenue?

Celestica generates revenue through its design, manufacturing, and supply chain solutions, with a significant contribution from the Connectivity & Cloud Solutions segment.

What makes Celestica unique in its industry?

Celestica's unique value lies in its ability to provide agile, scalable, and innovative solutions across the entire product lifecycle, supported by global expertise and a customer-centric approach.

What are some of the challenges Celestica faces?

Challenges include intense competition, rapid technological advancements, and maintaining operational efficiency in diverse and evolving markets.

How does Celestica support sustainability?

Celestica integrates sustainability principles into its operations, aligning with environmental and social goals to create long-term stakeholder value.

What role does innovation play in Celestica's strategy?

Innovation is central to Celestica's strategy, as it invests in advanced technologies and solutions to help customers address modern market complexities.

Where is Celestica headquartered?

Celestica is headquartered in Toronto, Canada, with operations spanning North America, Europe, and Asia.

What is the significance of the Connectivity & Cloud Solutions segment?

The Connectivity & Cloud Solutions segment represents a major revenue driver for Celestica, focusing on Communications and Enterprise markets, including servers, storage, and networking equipment.
Celestica

NYSE:CLS

CLS Rankings

CLS Stock Data

11.58B
114.89M
1.04%
78.94%
2.33%
Electronic Components
Technology
Link
Canada
Toronto