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Celestica Soars with Strong Q1 2024 Earnings

Celestica Soars with Strong Q1 2024 Earnings

Celestica (TSE:CLS) has released an update.

Celestica Inc. has reported a robust start to 2024, with a 20% increase in first-quarter revenue to $2.21 billion, outperforming the high end of their guidance. The company saw significant growth in their non-IFRS adjusted EPS at $0.86, nearly double the previous year’s figure, prompting an optimistic revision of their full-year 2024 financial outlook. This positive performance, driven by strong demand across key sectors, reflects the company’s focus on strategic priorities and execution.

For further insights into TSE:CLS stock, check out TipRanks’ Stock Analysis page.

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