Analyst says Celestica's momentum has ‘continued' through the year [BNN Bloomberg (Canada)]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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Source: BNN Bloomberg
In September, the Toronto-based company was included on the TSX30 , a list of top-ranking firms based on dividend-adjusted share price performance over a three-month period. “The momentum has continued all the way through the year,” Robert Young, the managing director and head of research at Canada Canaccord Genuity, said in an interview with BNN Bloomberg Friday. “I think the street views the guidance that the company has given as conservative. They have gotten themselves into a steady beat and raise cadence.” He added that Celestica's major customers include hyper scalers, like Google and Meta. According to Young, Celestica has stated that it has business with the top five hyper scalers, “which would necessarily include Microsoft and Apple likely.” According to Young, the hyper scalers are the largest buyers of technology hardware currently and account for a significant chunk of Celestica's revenue, potentially around 50 per cent. “They're setting the standard for how d
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CLS
Earnings
- 10/23/24 - Beat
CLS
Sec Filings
- 12/19/24 - Form 3
- 12/19/24 - Form 3
- 12/19/24 - Form 3
- CLS's page on the SEC website