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Celestica Q3 earnings: revenue up 83% to $5.83 billion, 2027 target raised to $40 billion

Closed server racks stand in rows on a clean industrial floor under subdued overhead lights.
Server and storage racks represent the AI hardware demand driving Celestica’s growth. Illustration: MarketIntelLabs

Celestica, the contract manufacturer assembling the servers and storage systems behind the AI buildout, reported third quarter revenue of $5.83 billion, up 83 percent from a year earlier and above the top of its own $5.25 to $5.55 billion guidance range. Adjusted earnings per share came in at $3.30, up 109 percent year over year, and management issued its first formal 2027 outlook with a $40 billion revenue target and a 9.0 percent adjusted operating margin. In Tuesday trading the stock was down about 8 percent to around $276 on the New York Stock Exchange, off a $299.69 prior close, per Yahoo Finance data.

Key Takeaways Celestica Q3 revenue rose 83 percent to $5.83 billion, above the high en…

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