Celestica Inc. (NYSE:CLS) reported its first-quarter results after Monday's closing bell, beating analyst estimates on the top and bottom lines.
Here's a look at the details inside the report.
- CLS stock is moving. Watch the price action here.
Q1 Details
Celestica reported quarterly earnings of $2.16 per share, which beat the analyst consensus estimate of $2.07, according to Benzinga Pro data.
Quarterly revenue clocked in at $4.05 billion, which beat the consensus estimate of $3.96 billion and was up from $2.65 billion in the same period last year.
Celestica reported the following Q1 highlights:
- Revenue: $4.05 billion, increased 53% compared to $2.65 billion for the first quarter of 2025.
- Adjusted operating margin: 8%, compared to 7.1% for the first quarter of 2025.
- Adjusted EPS: $2.16, compared to $1.20 for the first quarter of 2025.
- Repurchased 0.1 million common shares for cancellation for $20 million.
“We continue to see accelerating growth from our CCS customer base, alongside increasing profitability in both our CCS and ATS segments. Driven by this momentum, we are raising our 2026 annual outlook to $19 billion in revenue and $10.15 in adjusted EPS (non-GAAP),” said Rob Mionis, president and CEO.
Outlook
Celestica is looking for second-quarter adjusted EPS of $2.14 to $2.34, versus the $2.13 analyst estimate, and revenue in a range of $4.15 billion to $4.45 billion, versus the $4.174 billion estimate.
CLS Stock Price: According to data from Benzinga Pro, Celestica stock was down 7.11% to $392.17 in Monday's extended trading.
Photo: JHVEPhoto / Shutterstock
Login to comment