03:50 AM EDT, 04/25/2024 (MT Newswires) -- Celestica ( CLS ) reported late Wednesday Q1 adjusted earnings of $0.86 per diluted share, up from $0.47 a year earlier.

Analysts polled by Capital IQ expected $0.75.

Revenue for the quarter ended March 31 was $2.21 billion, up from $1.84 billion a year earlier. Analysts polled by Capital IQ expected $2.18 billion.

For Q2, the company expects adjusted earnings of $0.75 to $0.85 per share and revenue of $2.18 billion to $2.33 billion. Analysts polled by Capital IQ are expecting normalized EPS of $0.71 and revenue of $2.14 billion.

For 2024, the company expects adjusted earnings of $3.30 per share and revenue of $9.1 billion, up from previous guidance of at least $2.70 adjusted EPS and revenue of at least $8.5 billion. Analysts polled by Capital are expecting $2.93 and $8.78 billion, respectively.

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