TORONTO – Celestica posted third quarter revenue ended Sept. 30 of $1.41 billion, down 1% year-over-year.

Revenue from the firm’s diversified end market represented 30% of total revenue, compared to 29% for the third quarter of 2014.

IFRS net earnings for the quarter were $10.9 million, down 68.3% compared to the same period last year.

"Despite a challenging end market environment, Celestica delivered higher operating margin and return on invested capital compared to the second quarter of this year, based on our ongoing focus on continuous improvement and disciplined cost management," said Robert Mionis, Celestica's president and CEO.

For the nine months ended Sept. 30, revenue was $4.12 billion, a decrease of 2% year-over-year. IFRS net earnings were $54.8 million, down 51.3% year-over-year.