Business

Celestica reports Q1 profit and revenue up, boosts full-year guidance

Published: 

A Celestica employee works on a motherboard at the Celestica Technology Co. Ltd, a Canada-based electronics company, in China's southern city, Dongguan, Wednesday, July 29, 2009. (AP Photo/Vincent Yu)

TORONTO — Celestica Inc. boosted its financial guidance for its full year as it reported its first-quarter profit and revenue rose compared with a year ago.

The technology company, which keeps its books in U.S. dollars, says it earned US$212.3 million or US$1.83 per diluted share in the quarter ended March 31, up from US$86.2 million or 74 cents US per diluted share a year earlier.

On an adjusted basis, Celestica says it earned US$2.16 per diluted share in its latest quarter, up from an adjusted profit of US$1.20 per diluted share in the same quarter last year.

Revenue totalled US$4.05 billion, up from US$2.65 billion.

In its outlook, the company says it now expects its 2026 revenue to total US$19.0 billion, up from earlier expectations for US$17.0 billion.

Celestica says its adjusted earnings per share for the year are now expected to total US$10.15, up from its earlier forecast for US$8.75.

This report by The Canadian Press was first published April 28, 2026.