Q: Please comment on CLS Earnings.
5i Research Answer:
CLS delivered; EPS of $1.58 beat estimates of $1.48; sales of $3.19B beat estimates of $3.01B. EBITDA of $282.5M beat estimates by 5.4%. Sales rose 28%. Q4 earnings guidance was raised from EPS $1.50 to EPS $1.65 to $1.80. Full year 2025 to $5.90 from $5.50 ($5.58 est). Sales guidance was also bumped for both periods. 2026 guidance goes from $7.13 to $8.20. CLS noted 'demand from our largest customers remains strong'. Operating margin at 7.6% continues to improve (6.2% last year). A very nice quarter and outlook.