Celestica Inc. shares rose over 7% in extended trading following second-quarter results that exceeded analyst expectations.
The company reported adjusted earnings of $2.54 per share. Revenue reached $4.7 billion. This represents 62% year-over-year growth. Earnings beat consensus estimates of $2.30 per share. Revenue surpassed the expected $4.38 billion. Strong demand from data center customers and improved operational execution drove the performance.
Celestica raised its full-year 2026 revenue guidance to $20.5 billion from $19 billion. The company increased its 2026 adjusted earnings forecast to $11.30 per share from $10.15. CEO Rob Mionis attributed the revised outlook to a strong first half. Strengthening customer forecasts and improved component supply also contributed to the projections.
Third-quarter revenue is projected to range between $5.25 billion and $5.55 billion. This forecast exceeds current consensus estimates. The company anticipates 2027 revenue growth will accelerate beyond the 65% rate projected for 2026.