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Celestica posts 62% revenue jump and raises 2026 guidance on strong AI demand.

Analyst Insights
28 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Celestica (CLS) reported a 62% year-over-year revenue increase in Q2, alongside a record 8.2% adjusted operating margin. The company also raised its full-year 2026 guidance for the third time, driven by strong demand from hyperscalers and expanding margins in its custom compute segment. Management expects revenue and earnings growth to accelerate further in 2027, supported by AI infrastructure demand. This performance reinforces Celestica's position as a leading AI infrastructure supplier with robust growth and operational leverage.

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