Celestica’s Q2 results beat expectations with revenue and adjusted EPS surpassing guidance, driving a 3.2% stock gain. Strong demand across CCS and ATS segments, along with margin expansion, underpin the positive market reaction.
- Revenue reached $4.7 billion, up 62% year-over-year, exceeding the high end of guidance.
- Adjusted EPS was $2.54, an 83% increase and above the high end of the guidance range.
- Adjusted operating margin improved 80 basis points to 8.2%, a company record driven by operating leverage.
- CCS segment revenue rose 84%, led by 800G networking and accelerated AI/ML compute program ramps; CCS accounted for 81% of revenue.
- ATS revenue grew 8% and margin expanded 100 basis points, benefiting from both volume growth and a higher engineering product mix.
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