Record Q1 Revenue and EPS
Celestica achieved Q1 2025 revenues of $2.65 billion and adjusted EPS of $1.20, both exceeding the high-end of their guidance ranges.
Highest Adjusted Operating Margin
The company reported an adjusted operating margin of 7.1%, marking the highest performance in its history.
Strong CCS Segment Performance
The CCS segment revenue was $1.84 billion, up 28%, driven by strong demand for networking switches, particularly from hyperscaler customers.
Positive Annual Outlook Revision
Celestica raised its annual revenue outlook to $10.85 billion and non-GAAP adjusted EPS to $5, reflecting 12% year-over-year growth.
Robust Free Cash Flow
Celestica generated $94 million of free cash flow in Q1, $26 million higher than the prior year period.