Shares of Celestica Inc. (NYSE: CLS) surged 12.00% in pre-market trading on Tuesday, July 29, 2025, following the company's impressive second-quarter earnings report and raised full-year guidance.

The electronics manufacturing services provider reported its Q2 2025 results after the market close on Monday, significantly exceeding analyst expectations. Celestica posted adjusted earnings per share of $1.39, handily beating the consensus estimate of $1.22. Revenue for the quarter came in at $2.89 billion, surpassing the expected $2.65 billion and marking a 21% year-over-year increase.

Key highlights from the earnings report include:

• Strong performance in the Connectivity & Cloud Solutions (CCS) segment, with revenue up 28% year-over-year
• Hardware Platform Solutions revenue reached $1.2 billion, an 82% increase from Q2 2024
• Adjusted operating margin hit a company record of 7.4%
• Free cash flow grew 83% year-over-year to $119.9 million

Celestica's CEO, Rob Mionis, cited "strong first half results and a strengthening demand outlook from our CCS customers" as reasons for raising the company's full-year 2025 guidance. The company now expects revenue to reach $11.55 billion, up from the previous forecast of $10.85 billion, and anticipates adjusted EPS of $5.50, increased from the prior estimate of $5.00.

The significant pre-market stock price jump reflects investor enthusiasm for Celestica's robust performance and positive outlook. The company's strong positioning in the cloud computing and artificial intelligence hardware markets appears to be driving growth, as demand for data center infrastructure and high-performance computing continues to rise.

As the market opens, investors will be watching closely to see if Celestica can maintain this momentum and capitalize on the growing opportunities in the tech manufacturing sector.