Celestica-CLS Rides on Steady Revenue Growth: Will the Uptrend Persist?

Key Takeaways CLS reported $3.19B quarterly revenue, up 27.8% year over year and above management guidance.CLS Connectivity and Cable Solution sales jumped 43.2% to$ 2.41B on strong 800G and 400G switch demand.CLS expects continued revenue growth next quarter, supported by ongoing strength in data center vertical.Celestica, Inc. (CLS) reported quarterly revenues of $3.19 billion, up 27.8% year over year. The figure exceeded management’s guidance of$ 2.875 billion to $3.125 billion and beat the Zacks Consens ...