Revenue Update on Celestica Inc(NYSE:CLS)

Celestica Inc(NYSE:CLS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 21, 2016. Company reported revenue of $1.49B. Analysts estimated a revenue of $1.46B. Earnings per share were $0.29. Analysts had estimated an EPS of $0.28.

Celestica Inc (CLS) made into the market gainers list on Wednesdays trading session with the shares advancing 1.51% or 0.15 points. Due to strong positive momentum, the stock ended at $10.07, which is also near the day’s high of $10.13. The stock began the session at $9.94 and the volume stood at 3,73,464 shares. The 52-week high of the shares is $13.49 and the 52 week low is $8.07. The company has a current market capitalization of $1,444 M and it has 14,33,89,340 shares in outstanding.

Celestica Inc. (Celestica) is a provider of supply chain solutions globally to original equipment manufacturers (OEMs) and service providers in the communications consumer diversified servers and storage end markets. The Company offers a range of services to its customers including design and development engineering services supply chain management new product introduction component sourcing electronics manufacturing assembly and test complex mechanical assembly systems integration precision machining order fulfillment logistics and after-market repair and return services. The Company’s products and services serve a range of applications including servers; networking wireless and telecommunications equipment; storage systems; optical equipment; aerospace and defense electronics; healthcare products for diagnostic imaging; audiovisual equipment; set top boxes; printer supplies; semiconductor equipment and a range of industrial and green technology products.

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