Celestica ( (CLS) ) has released its Q2 earnings. Here is a breakdown of the information Celestica presented to its investors.
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Celestica Inc., a prominent player in design, manufacturing, hardware platform, and supply chain solutions, partners with leading companies across various sectors, including Aerospace, Defense, Communications, and HealthTech, to deliver innovative solutions globally.
In its latest earnings report for the second quarter of 2025, Celestica has exceeded expectations with a significant increase in revenue and earnings per share, prompting the company to raise its annual outlook for the year.
The company reported a 21% increase in revenue, reaching $2.89 billion, and a 54% rise in adjusted earnings per share, which stood at $1.39. The strong performance was driven by robust demand in its Connectivity & Cloud Solutions segment, which saw a 28% revenue increase, and improved operating margins. Celestica also repurchased 0.6 million shares for $40 million, reflecting confidence in its financial health.
Looking ahead, Celestica has updated its 2025 annual outlook, projecting revenue to reach $11.55 billion and adjusted EPS to be $5.50. The company remains optimistic about future growth, supported by a strong demand outlook from its CCS customers and strategic initiatives aimed at enhancing operational efficiency.