TORONTO -- Celestica Inc., a top EMS provider, today announced first-quarter revenue of $2.15 billion, up 7% from 2004. The GAAP net loss for the quarter ended March 31 was $11.6 million, versus a loss of $12.1 million last year.

The company took $31.9 million in restructuring charges during the quarter.

The results were in line with Jan. 27 revenue guidance of $2 billion to $2.23 billion.

"Results for the quarter were as expected and continue to demonstrate the steady progress being made at Celestica," said Steve Delaney, CEO, in a statement. "For the remainder of the year, our focus will be to further improve our financial returns, complete our restructuring initiatives, and grow our revenue base through additional penetration of diversified end markets, expansion of our services offering and superior execution for our customers."

Celestica guided for revenue of $2.1 billion to $2.35 billion in the June quarter.

The company's regular quarterly conference call can also be accessed at celestica.com.

• Prev
• Next