-- Celestica (CLS.TO, CLS) shares were last seen down 8.6% in after-hours New York trading after the company on Monday reported higher first-quarter profit and revenue and raised 2026 outlook.
The data-center infrastructure company said its adjusted earnings, excluding most one-time items, rose to US$249.5 million, or US$2.16 per share, up from US$140.1 million, or US$1.20, in the year-prior quarter. FactSet expected US$2.07 per share.
Revenue rose to US$4.05 billion from US$2.65 billion in the year-ago quarter. FactSet estimated US$4.04 billion.
"We continue to see accelerating growth from our CCS customer base, alongside increasing profitability in both our CCS and ATS segments. Driven by this momentum, we are raising our 2026 annual outlook to US$19 billion in revenue and US$10.15 in adjusted EPS (non-GAAP). Our outlook for 2027 also continues to strengthen from just 90 days ago, supported by new program wins as well as improved forecast visibility with our customers," Chief Executive Rob Mionis said.
For the second quarter, the company expects revenue to range between US$4.15 billion and US$4.45 billion, and adjusted earnings per share are expected to be between US$2.14 and US$2.34.
Celestica shares were last seen down US$36.21 to US$386.00. They closed up C$15.74 to C$576.75 on the Toronto Stock Exchange.