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Celestica Inc
In the complex world of electronics manufacturing and design, Celestica Inc. stands as a pivotal player, seamlessly integrating engineering expertise with global manufacturing capabilities. Born out of IBM in 1994, Celestica has evolved into a dynamic corporation that caters to the technological demands of an array of industries. At the heart of Celestica's operations is its commitment to supply chain agility and innovation. It leverages its extensive network of facilities across the globe to design, manufacture, and assemble electronic products, all tailored to specific client needs. This global reach allows Celestica to manage resources efficiently and to scale its operations, helping companies bring their products to market swiftly and cost-effectively.
Celestica thrives by being more than just a manufacturer; it acts as a strategic partner that offers end-to-end solutions. Its revenue model hinges not only on production but also on providing services like engineering, design for manufacturability, prototyping, testing, and aftermarket support, including repair and logistics services. This diversification allows Celestica to capture a broad spectrum of the value chain, driving revenue streams that are as varied as its client list, which spans automotive, aerospace, telecommunications, and health tech sectors. By immersing itself deeply into the operational processes of its clients, Celestica ensures long-term partnerships, positioning itself as indispensable to companies navigating the intricacies of global electronics and technological commerce.
In the complex world of electronics manufacturing and design, Celestica Inc. stands as a pivotal player, seamlessly integrating engineering expertise with global manufacturing capabilities. Born out of IBM in 1994, Celestica has evolved into a dynamic corporation that caters to the technological demands of an array of industries. At the heart of Celestica's operations is its commitment to supply chain agility and innovation. It leverages its extensive network of facilities across the globe to design, manufacture, and assemble electronic products, all tailored to specific client needs. This global reach allows Celestica to manage resources efficiently and to scale its operations, helping companies bring their products to market swiftly and cost-effectively.
Celestica thrives by being more than just a manufacturer; it acts as a strategic partner that offers end-to-end solutions. Its revenue model hinges not only on production but also on providing services like engineering, design for manufacturability, prototyping, testing, and aftermarket support, including repair and logistics services. This diversification allows Celestica to capture a broad spectrum of the value chain, driving revenue streams that are as varied as its client list, which spans automotive, aerospace, telecommunications, and health tech sectors. By immersing itself deeply into the operational processes of its clients, Celestica ensures long-term partnerships, positioning itself as indispensable to companies navigating the intricacies of global electronics and technological commerce.
Revenue Beat: Q3 revenue was $3.19 billion, up 28% year-over-year and above the high end of guidance, driven by strong demand in the communications segment.
Record Profitability: Adjusted EPS reached $1.58, up 52% and above guidance; non-GAAP operating margin hit a record 7.6%, improving 80 basis points.
CCS Segment Strength: Connectivity and Cloud Solutions (CCS) revenue surged 43%. Communications end market revenue jumped 82%, beating guidance.
ATS Segment Flat: Advanced Technology Solutions (ATS) revenue fell 4% as expected, due to deliberate portfolio reshaping.
Raised 2025 Outlook: 2025 revenue guidance increased to $12.2 billion (from $11.55B); adjusted EPS guidance raised to $5.90 (from $5.50); free cash flow outlook also increased.
Strong 2026 Guidance: 2026 outlook calls for $16.0 billion in revenue (up 31%), $8.20 adjusted EPS (up 39%), and 7.8% non-GAAP operating margin.
AI/Data Center Tailwinds: Secular AI and cloud demand driving multiyear growth runway, with major program ramps forecasted through at least 2027.
Disciplined CapEx & Capital Allocation: CapEx expected at 2.0–2.5% of sales in 2026, with investments tightly tied to customer programs.