Celestica reported a 62% revenue increase to $4.70 billion and an 83% rise in adjusted EPS, driven by strong demand in Connectivity & Cloud Solutions, which grew 84%. The company benefits from expanding AI networking and infrastructure, with plans for $1.5 billion in capital expenditure to support future growth. Management raised its 2026 guidance for the second quarter in a row and expects growth to accelerate in 2027, justifying the stock's premium valuation despite a forward PE of 29.6x.
Celestica reported a robust 162% year-over-year growth in its enterprise segment for Q2 2026 and forecasts a 190% increase for Q3, reflecting strong demand in the AI hardware sector. Despite a recent pullback in AI hardware stocks, Celestica shows re...
Celestica reported a 62% year-over-year revenue increase in Q2, surpassing its own estimates due to high demand from hyperscalers and AI infrastructure growth. The company raised its full-year revenue forecast by $1.5 billion to $20.5 billion, reflec...
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 m...
Celestica reported strong Q2 results with EPS of $2.54, beating estimates by 10%, and revenue of $4.7 billion, up 62.6% year-over-year. The Connectivity & Cloud Solutions segment led growth with 84% YoY increase, driven by AI-related demand and expec...
Celestica reported Q2 2026 revenue of $4.70 billion, up 62% year-over-year, and adjusted EPS of $2.54, both exceeding guidance. The company raised its 2026 revenue outlook to $20.5 billion and adjusted EPS to $11.30, reflecting strong demand and impr...
