05:01 PM EDT, 10/23/2024 (MT Newswires) -- Celestica ( CLS ) was last seen up 8.7% in after-hours New York trading after the company said Wednesday its third-quarter adjusted earnings per share and revenue rose above expectations, while it raised its guidance.

The company's adjusted earnings per share rose to US$1.04, up from US$0.65 a year earlier. The consensus estimate from analysts polled by Capital IQ expected it to report an adjusted profit of US$0.94 per share.

Revenue for the quarter ended Sept. 30 rose 22% to US$2.5 billion from US$2.04 billion. Analysts surveyed by Capital IQ expected US$2.42 billion.

The electronics manufacturer said its updated outlook for 2024 includes revenue of US$9.60 billion, up from the prior outlook of $9.45 billion, and adjusted earnings per share of $3.85, up from previously $3.62.

For 2025, it projects revenue of $10.40 billion and a non-IFRS adjusted earnings per share of $4.42.

Celestica ( CLS ) shares were last seen up US$5.02 to US$62.49 after hours. They closed up $2.03 to $79.47 on the Toronto Stock Exchange.