Celestica ( (CLS) ) has released its Q4 earnings. Here is a breakdown of the information Celestica presented to its investors.
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Celestica is a leader in design, manufacturing, hardware platform, and supply chain solutions, serving sectors like Aerospace, Communications, and HealthTech with a global presence. In its latest earnings report, Celestica showcased a robust financial performance for 2024, with revenue reaching $9.65 billion, a significant increase from the previous year. The company reported GAAP earnings per share of $3.61, reflecting substantial growth and a strong operational margin. Key highlights include a 30% increase in CCS segment revenue and a 65% rise in Hardware Platform Solutions revenue, underscoring Celestica’s strategic growth initiatives. The company’s strategic focus on AI-optimized networking and system solutions is evident from new customer program wins, positioning Celestica for future growth in AI and cloud computing sectors. Looking ahead, Celestica’s management anticipates continued revenue growth with a positive outlook for 2025, underscoring its commitment to leveraging technological advancements and strategic partnerships to drive success.
