Celestica ( (CLS) ) has released its Q1 earnings. Here is a breakdown of the information Celestica presented to its investors.
Celestica Inc. is a prominent player in the design, manufacturing, hardware platform, and supply chain solutions sector, serving leading companies across industries such as Aerospace and Defense, Communications, Enterprise, HealthTech, Industrial, and Capital Equipment.
In its first quarter of 2025, Celestica reported strong financial results, with revenue and adjusted earnings per share (EPS) exceeding the high end of its guidance ranges. The company also announced an upward revision of its annual outlook for 2025, indicating a positive trajectory for the year.
Key financial highlights for Q1 2025 include a 20% increase in revenue to $2.65 billion compared to the same period in 2024, and an adjusted EPS of $1.20, up from $0.83 in Q1 2024. The company achieved its highest ever adjusted operating margin of 7.1%, driven by strong performance in its Connectivity & Cloud Solutions segment, which saw a 28% revenue increase. Additionally, Celestica repurchased 0.6 million common shares for $75 million.
Looking forward, Celestica has raised its full-year 2025 revenue outlook to $10.85 billion and anticipates an adjusted EPS of $5.00, reflecting confidence in continued demand from its CCS customers. The company remains focused on leveraging its operational strengths to meet the evolving needs of its clients across various sectors.