Edgenation
10月前
Celestica Announces Second Quarter 2025 Financial Results
July 28 2025 - 9:15PM
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Celestica Inc.1 (TSX and NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended June 30, 2025 (Q2 2025).
Q2 2025 Highlights
Revenue: $2.89 billion, increased 21% compared to $2.39 billion for second quarter of 2024 (Q2 2024).
GAAP earnings from operations as a % of revenue: 9.4%, compared to 5.6% for Q2 2024.
Adjusted operating margin (non-GAAP)*: 7.4%, compared to 6.3% for Q2 2024.
GAAP earnings per share2 (EPS): $1.82, compared to $0.80 for Q2 2024.
Adjusted EPS2 (non-GAAP)*: $1.39, compared to $0.90 for Q2 2024.
Repurchased 0.6 million common shares for cancellation for $40.0 million in Q2 2025.
“We achieved very strong results in the second quarter, with revenue of $2.89 billion and non-GAAP adjusted EPS* of $1.39, representing growth of 21% and 54%, respectively, each exceeding the high end of our guidance ranges. This performance was bolstered by strong adjusted operating margin* of 7.4%, another new high for the company, demonstrating the strength of our execution,” stated Rob Mionis, President and CEO.
“With our strong first half results, and a strengthening demand outlook from our CCS customers, we are increasing our full-year 2025 outlook. We now expect revenue to reach $11.55 billion, an increase from the prior $10.85 billion, and anticipate non-GAAP adjusted EPS* of $5.50, up from our previous estimate of $5.00.”
1 Celestica has two operating and reportable segments: Advanced Technology Solutions (ATS) (comprised of our Aerospace and Defense (A&D), Industrial, HealthTech and Capital Equipment businesses), and Connectivity & Cloud Solutions (CCS) (consists of our Communications and Enterprise (servers and storage) end markets). Segment performance is evaluated based on segment revenue, segment income and segment margin (segment income as a percentage of segment revenue). See note 3 to our June 30, 2025 unaudited interim condensed consolidated financial statements (Q2 2025 Interim Financial Statements) for further detail.
2 Per share information included in this press release is based on diluted shares outstanding unless otherwise noted.
* See Use of Non-GAAP Measures and Schedule 1 for, among other items, non-GAAP financial measures (and ratios) included in this press release, their definitions, uses, and a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures. Non-GAAP measures in this press release are denoted with an asterisk (*).
Third Quarter of 2025 (Q3 2025) Guidance
Q3 2025 Guidance
Revenue (in billions)(1) $2.875 to $3.125
Adjusted operating margin (non-GAAP)* 7.4% at the mid-point of our
revenue and non-GAAP adjusted
EPS guidance ranges
Adjusted EPS (non-GAAP)*(1) (2) $1.37 to $1.53
(1) Our guidance ranges for revenue and non-GAAP adjusted EPS have been expanded relative to prior quarters, in order to reflect the growth in our business.
(2) Q3 2025 guidance excludes a negative $0.23 to $0.29 per share (pre-tax) aggregate impact on net earnings on a GAAP basis for employee stock-based compensation (SBC) expense, amortization of intangible assets (excluding computer software), and restructuring charges. Q3 2025 guidance assumes a non-GAAP adjusted effective tax rate* of approximately 19%.
2025 Annual Outlook Update
Revenue of $11.55 billion (previous outlook $10.85 billion)
Adjusted operating margin (non-GAAP)* of 7.4% (previous outlook 7.2%)
Adjusted EPS (non-GAAP)* of $5.50 (previous outlook $5.00)
Non-GAAP free cash flow* of $400 million (previous outlook $350 million)
Our Q3 2025 Guidance and 2025 Annual Outlook Update assume no material changes to tariffs or trade restrictions compared to what are in effect as of July 28, 2025 and no material changes from current macroeconomic trends and uncertainties. Substantially all tariffs paid by Celestica are expected to be recovered from our customers, and are not expected to materially impact our non-GAAP adjusted EBIAT* or non-GAAP adjusted net earnings* dollars.
DAVE_007
19年前
CLS..has received a few awards from their clients..
:)
Recent awards include:
Frost and Sullivan Award for Customer Service Leadership in Aerospace and Defense
Hong Kong Council of Social Service, Caring Company Award
NEC Telenetworks, Outstanding After-Market Services Award
Suzhou Industrial Park, Outstanding Performance in Labor Management
IBM, Outstanding Performance in Quality, Product Transfers and Audit Readiness Award
Community Living Toronto, Community Support Award
Canadian Manufacturers and Exporters (CME), 2006 Innovation Award for Productivity Improvement (Lean)
Juniper, Achievement Award
Agilent Technologies, Best Delivery Performance Award
Raytheon Missile Systems, Three Star Supplier Excellence Award
ATI Technologies, Manufacturing Services Partner Excellence Award
Hewlett-Packard, Supplier Appreciation Award
NEC, Appreciation Award for Product Design Services
NEC Core Networks Division, Collaborative Business Innovation Award
Andrew Radio Frequency Power Amplification, Performance Award
Media Global Links, letter of appreciation, Miyagi (2006)
ATI Technologies, Excellence: Manufacturing Services Partner 2006, SongShan Lake (2006)
Hewlett Packard, supplier appreciation award, Singapore (2006)
NEC, appreciation award for product design services, Miyagi (2006)
NEC Core Networks Division, award for collaborative business innovation, Miyagi (2006)
Andrew Radio Frequency Power Amplification, Performance Award, Suzhou (2006)
Caring Company Award, Hong Kong (2006)
NEC Core Networks Division, Performance Award, Miyagi (2005)
Cisco Systems, Number One EMS Provider (Q3, 2005)
ATI, Excellence in Manufacturing Services Partner Award (2005)
Frost & Sullivan EMS Company of the Year (2005)
Lucent Award of Excellence, After-Market Services, Toronto (2005)
Juniper Networks, Supplier Excellence Award, Toronto (2005)
NEC Engineering Ltd., Supplier Recognition Award, Laem Chebang and Miyagi (2005)
Mitsubisi Cable Ltd., Supplier Award, Miyagi (2005)
Avaya, Outstanding Performance Award, Kulim (2005)
Lucent Winning Behaviours Award, Laem Chebang (2005)
Hitachi Global Storage Technologies Excellent Partner Award, Johor Bahru (2005)
Powerwave Technologies Performance Award, Laem Chabang and Suzhou (2005)
Cisco Outstanding Contribution Award, Laem Chabang (2005)
Adtran Medal of Distinction, Dongguan (2005)
Andrew Supplier of the Year Award, Suzhou After-Market Services (2005)
Shingo Prize™ for Excellence in Manufacturing, Monterrey (2005)
http://www.celestica.com/AboutUs/AboutUs.aspx?id=144
DAVE_007
19年前
in $5.96..trying a dab of CLS..looks like a BUY to me..we'll see..
http://biz.yahoo.com/ic/56/56411.html
Celestica may not be the mother of all board makers, but it definitely ranks among the leaders. One of the world's top electronics manufacturing services (EMS) companies, Celestica's output is mainly complex printed circuit assemblies, such as PC motherboards and communication and networking cards. These assemblies end up in servers, workstations, PCs, peripherals, and communications devices. Celestica also offers supply chain management, as well as design, global distribution, and post-sales repair services. Major customers include Cisco Systems (10% of sales), IBM (also 10%), and Sun Microsystems. Canada-based investment firm Onex controls nearly 80% of the company's voting power.