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Celestica Inc. (CLS.TO, CLS) reported second quarter adjusted earnings per share of $0.25, compared to $0.12, a year ago. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.14, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Jul 29, 2020 08:33AM EDT

08:33 Wednesday, July 29, 2020 (RTTNews.com) - Celestica Inc. (CLS.TO, CLS) reported second quarter adjusted earnings per share of $0.25, compared to $0.12, a year ago. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.14, for the quarter. Analysts' estimates typically exclude special items.

Second quarter revenue was $1.49 billion, up 3% compared to $1.45 billion, prior year. Analysts expected revenue of $1.31 billion for the quarter.

"Celestica delivered strong revenue growth and improved non-IFRS operating margin, paid down long-term debt, and continued to generate robust non-IFRS free cash flow in the second quarter," said Rob Mionis, President and CEO, Celestica.

Read the original article on RTTNews ( https://www.rttnews.com/3115574/celestica-q2-profit-beats-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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