Celestica Inc. (NYSE: CLS) saw its stock surge 11.33% on Monday following the release of its second-quarter financial results that significantly exceeded analyst expectations. The electronic manufacturing services company demonstrated robust performance across key metrics, driving investor enthusiasm and prompting a raise in its full-year outlook.

The company reported adjusted earnings per share of $1.39 for Q2, handily beating the analyst consensus estimate of $1.22 by 13.93%. This represents a substantial year-over-year increase of 52.75% from $0.91 per share in the same period last year. Celestica's revenue also impressed, coming in at $2.893 billion, surpassing the analyst consensus estimate of $2.652 billion by 9.09%. This marks a 20.94% increase compared to the $2.392 billion reported in the same quarter of the previous year.

Celestica's strong performance was bolstered by impressive results in its Connectivity & Cloud Solutions (CCS) segment, which saw revenue increase by 28% compared to Q2 2024. The company's CEO, Rob Mionis, cited a "strengthening demand outlook from our CCS customers" as a key factor in raising the full-year 2025 guidance. Celestica now expects 2025 revenue to reach $11.55 billion, up from the prior $10.85 billion, and anticipates adjusted EPS of $5.50, increased from the previous estimate of $5.00. The stellar earnings report and improved outlook underscore Celestica's ability to navigate challenging market conditions and capitalize on growth opportunities, particularly in the rapidly evolving cloud and AI sectors.