Celestica Announces Second Quarter 2020 Financial Results

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Go back to Celestica Announces Second Quarter 2020 Financial Results

Celestica (CLS) Tops Q2 EPS by 11c, Revenues Beat

July 29, 2020 7:14 AM EDT

Celestica (NYSE: CLS) reported Q2 EPS of $0.25, $0.11 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.31 billion.

Q2 2020 Highlights

Revenue: $1.49 billion, increased 3% compared to $1.45 billion for the second quarter of 2019 (Q2 2019), and was higher than anticipated.Operating margin (non-IFRS)*: 3.4%, compared to 2.5% for Q2 2019.Advanced Technology Solutions (ATS) segment revenue**:... More