From Seekingalpha · The Asian Investor · · 30s
Celestica AI Infrastructure Growth
Celestica shares surge 17% after beating earnings and raising 2027 revenue outlook.
In brief
Celestica shares surge 17% after beating earnings and raising 2027 revenue outlook. Celestica Inc. upgraded to Strong Buy as AI infrastructure demand drives 83% revenue growth and 2027 revenue outlook near-doubling. Originally reported by Seekingalpha.
Q3 Earnings Beat
Celestica delivered blowout Q3 results beating top- and bottom-line expectations.
AI Revenue Surge
CLS posted 83% year-over-year revenue growth driven by surging AI infrastructure demand.
2027 Outlook
The company raised 2027 revenue outlook nearly doubling with strong AI CapEx acceleration.
What to remember
Celestica Inc. upgraded to Strong Buy as AI infrastructure demand drives 83% revenue growth and 2027 revenue outlook near-doubling.
