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Celestica Announces Third Quarter Financial Results
October 27, 2003 |Estimated reading time: Less than a minute
Toronto — Celestica Inc. has announced financial results for the third quarter ended September 30.
Revenue was $1.635 billion, down 17 percent from $1.959 billion in the third quarter of 2002 and up sequentially 2 percent from the second quarter of 2003.
Net loss on a GAAP basis for the third quarter was $64.8 million, or 30 cents per share, compared to net loss of $91 million or 40 cents per share for the same period last year. Included in the loss for the third quarter of 2003 is a $49.1 million charge associated with the company's previously announced restructuring activities.
Celestica is a world leader in the delivery of innovative electronics manufacturing services (EMS). For more information, visit www.celestica.com.