On September 17, Celestica rose 6.48% in regular trading, trading at $350.905/share, with turnover of $144 million, recovering from a sharp 7.17% decline on September 14 when the electronic manufacturing services sector sold off broadly.

The rebound was driven by a sector-wide recovery and sustained fundamental strength. Within the Electronic Manufacturing Services sector, TTM Technologies rose 5.29%, Flex Ltd gained 4.01%, Fabrinet climbed 3.85%, Jabil Circuit advanced 2.57%, and TE Connectivity added 1.0%. On the fundamentals side, Celestica reported Q2 revenue of $4.7 billion, up 62% year-over-year, with adjusted EPS of $2.54 beating the consensus estimate of $2.27 by nearly 12%. The company also raised full-year revenue guidance to $20.5 billion and adjusted EPS to $11.30, both well above analyst expectations. Management indicated that revenue growth is expected to accelerate further into next year, supported by new program wins and robust AI infrastructure demand. Additionally, a recent executive reshuffle promoting longtime CFO Mandeep Chawla to Group President of Global Markets was viewed by analysts as signaling significant growth opportunities ahead.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)