Celestica (CLS) Tops Q4 EPS by 3c, Offers Q1 Guidance

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Go back to Celestica (CLS) Tops Q4 EPS by 3c, Offers Q1 Guidance

Celestica Announces Fourth Quarter 2019 Financial Results

January 29, 2020 4:15 PM EST

(All amounts in U.S. dollars.                                                                                                                                              Per share information based on diluted                                                                                                                              shares outstanding unless otherwise noted.)

TORONTO, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS)(NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended December 31, 2019 (Q4 2019).

Q4 2019 Highlights

Revenue: $1.49 billion, within our Q4 2019 guidance range of $1.425 to $1.525 billion, decreased 14% compared to $1.73 billion for the fourth quarter of 2018 (Q4 2018). Operating margin (non-IFRS)*: 2.9%, above our Q4 2019 guidance of 2.8% at the mid-point of our revenue and non-IFRS adjusted EPS* guidance... More