Latest news with #AdvancedTechnologySolutions
Yahoo
2 days ago
- Business
- Yahoo
Genpact sees medium-term double-digit adjusted earnings growth
Genpact (G) yesterday in investor day presentation slides issued medium-term targets of at least 7% revenue growth and double-digit adjusted earnings growth. The company sees 'ongoing improvement' in gross margin. It is 'confident that GenpactNext will accelerate innovation and growth, establishing Genpact as a leader in Advanced Technology Solutions.' Genpact expects net revenue to grow at least 7%, 'with potential for significant upside as Advanced Technology Solutions momentum continues to build.' The company added that its revenue will grow faster than headcount longer term. The stock closed Thursday up 16c to $52.95. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on G: Disclaimer & DisclosureReport an Issue Genpact price target raised to $55 from $53 at TD Cowen Genpact's Strategic Transition: Balancing Growth Opportunities with Market Realities Genpact trading resumes Genpact trading halted, news pending Genpact acquires XponentL Data, terms not disclosed
Yahoo
25-04-2025
- Business
- Yahoo
Celestica Just Crushed Q1--and It's Only Getting Started
Celestica (NYSE:CLS) just dropped a monster Q1blowing past estimates and turning heads across the Street. Adjusted EPS came in at $1.20, up a massive 45% year over year, while revenue surged 20% to hit $2.649 billion. The real standout? Its Connectivity & Cloud Solutions business, where Communications revenue spiked 87% on the back of booming 400G and 800G hyperscaler programs. Adjusted operating margin reached a record 7.1%, showing this isn't just top-line growthit's high-quality, margin-rich execution. Under the hood, the company's Advanced Technology Solutions segment held steady, with 5% growth and a 28% jump in segment income. Free cash flow clocked in at $93.6 million despite $75 million in buybacksproof the balance sheet is working just as hard as the income statement. Celestica ended the quarter with $900 million in liquidity and a slim adjusted debt leverage ratio of 1.1x. Management also dialed up full-year EPS guidance to $5.00, while reaffirming a 7.2% adjusted operating margin target. Translation: they're confident and they're not being shy about it. Looking ahead, Q2 is set to keep the momentum alive. Celestica sees revenue landing between $2.575B and $2.725B, with adjusted EPS in the $1.17 to $1.27 range. Communications is expected to soar againup high-fifties year over yearwhile Enterprise should rebound in the back half thanks to next-gen AI/ML compute ramps and new customer wins. With AI, cloud, and hyperscaler tailwinds fully in play, Celestica is positioning itself not just as a supplier, but as a critical builder of the AI infrastructure economy. This article first appeared on GuruFocus. Sign in to access your portfolio
