Celestica Inc
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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Value
Based in Canada
Company profile

Celestica Inc. is a provider of supply chain solutions. The Company operates in electronics manufacturing services business segment. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services. Its products and services serve a range of applications, including servers; storage systems; optical equipment; aerospace and defense electronics; healthcare products and applications; semiconductor equipment, and a range of industrial and alternative energy products, including solar panels and inverters. It designs, manufactures and tests solar panels for the residential, commercial and utility scale markets. It uses technologies in the assembly and testing of its products.

Closing Price
Day's Change
-0.16 (-1.85%)
B/A Size
Day's High
Day's Low
(Above Average)

10-day average volume:

GameStop shares tumble 6% on big drop in sales, earnings miss

4:21 pm ET September 9, 2020 (MarketWatch)

GameStop Corp. (GME) shares were down more than 6% in after-hours trading Wednesday after the videogaming rental chain reported fiscal second-quarter results that missed Wall Street estimates. GameStop reported a loss of $111.3 million, or $1.17 a share, compared with a loss of $415.3 million, or $4.15 a share, in the year-ago quarter. The adjusted loss of $91.2 million, or $1.40 per share, was significantly higher than the $32 million shortfall, or 32 cents per share, a year ago. Revenue plunged 27% to $942 million from $1.29 billion a year ago. Analysts surveyed by FactSet had expected an adjusted loss of $1.13 a share on revenue of $1.019 billion. GameStop shares are up 21% this year. The broader S&P 500 index has improved 5% in 2020.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 09, 2020 16:21 ET (20:21 GMT)

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