TORONTO – Celestica reported third-quarter revenue of $1.5 billion, down 5% year-over-year, within the firm’s previous guidance.

Excluding Blackberry revenue, Celestica’s revenue for the quarter was up 5% compared to the same period in 2012.

Revenue for the quarter was driven by strong demand in the firm’s Communications and Storage end markets, said Craig Muhlhauser, Celestica president and CEO.

Adjusted net earnings for the third quarter were $41.5 million, down 24.3% year-over-year.

For the first nine months ended Sept. 30, revenue was $4.36 billion, down 13% compared to the same period in 2012.

For the first nine months of 2013, adjusted net earnings were $110.1 million, a decrease of 29.2% year-over-year.

For the fourth quarter ending Dec. 31, Celestica anticipates revenue in the range of $1.4 billion to $1.5 billion.

The firm estimates total restructuring charges related to the loss of its contract with Blackberry in the range of $55 million to $65 million.

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