Recent Updates — CLS
Celestica Inc. entered into an underwriting agreement on August 5, 2026, to sell 9,677,419 common shares at $310.00 per share. The underwriters exercised their over-allotment option in full on August 6, 2026, adding 1,451,612 shares to the offering. Net proceeds are estimated at approximately $3.39 billion after deducting discounts and expenses. Celestica intends to use these funds for working capital, capital expenditures, and general corporate purposes. The company operates in the electronics manufacturing services industry.
Celestica Inc. reported Q2 2026 financial results with revenue of $4.70 billion, a 62% increase year-over-year, and adjusted EPS of $2.54, both exceeding guidance. The company raised its 2026 annual outlook, now projecting $20.5 billion in revenue and $11.30 adjusted EPS, reflecting 65% and 87% year-over-year growth, respectively. Celestica Inc. is a global leader in data center infrastructure and advanced technology solutions.
Celestica Inc. announced the retirement of Jason Phillips at the end of 2026 and the immediate appointment of Steven Dorwart as President, Connectivity and Cloud Solutions. Phillips will remain in an advisory capacity through the end of the year. Celestica Inc. is an electronics manufacturing services provider.