Celestica Q1 Revenue Jumps 53% to $4.05B, Raises Full-Year Guidance
Celestica posted Q1 profit of $212.3 million, GAAP EPS $1.83 and adjusted EPS $2.16, topping guidance. Revenue climbed 53% to $4.05 billion, while the company repurchased $20 million in shares and raised Q2 revenue guidance to $4.15–4.45 billion alongside a full-year outlook of $19.0 billion revenue and $10.15 EPS.
1. Q1 Financial Performance
Celestica reported first-quarter profit of $212.3 million, delivering GAAP EPS of $1.83 and adjusted EPS of $2.16, both exceeding the high end of its non-GAAP guidance range.
2. Revenue Growth and Forecast Beats
Revenue for the quarter reached $4.05 billion, marking a 53% year-over-year increase and surpassing analyst forecasts of $4.02 billion and internal guidance top‐end of $4.15 billion.
3. Segment Performance
The Connectivity & Cloud Solutions segment generated $3.24 billion in revenue, up 76% year-over-year with an 8.6% margin, while the Advanced Technology Solutions segment delivered $0.81 billion at a 6.0% margin.
4. Guidance and Capital Returns
For Q2, Celestica set revenue guidance of $4.15–4.45 billion and adjusted EPS guidance of $2.14–2.34. It raised its full-year outlook to $19.0 billion in revenue and $10.15 in adjusted EPS and completed a $20 million share repurchase.