Celestica Reports Strong Q2 Results and Raises Guidance
Celestica (CLS) shares rose over 7% in after-hours trading following the release of stronger-than-expected second-quarter results. The company reported adjusted earnings per share of $2.54 for the period ending June 30, surpassing market expectations. In addition to outperforming on earnings, Celestica raised its full-year guidance, signaling improved business performance and confidence in future growth. The positive financial report reflects strong demand across key markets served by Celestica, including data center infrastructure and industrial automation. The company's ability to exceed estimates has bolstered investor sentiment and triggered a notable stock price reaction after hours.
Tickers: $CLS