regulatory
confidence high
sentiment neutral
materiality 0.50
Celestica re-presents 2024 interim financials under US GAAP after losing foreign private issuer status
CELESTICA INC
- Effective Jan 1, 2025, Celestica must comply with US domestic issuer reporting requirements instead of foreign private issuer rules.
- Re-presented Q1 2024 revenue $2,208.9M, net earnings $91.8M ($0.77 diluted EPS) vs Q1 2023 $1,837.8M, $20.6M ($0.17).
- Re-presented interim financials do not update or reflect events after original filing dates.
- Financial statements restated from IFRS to US GAAP as required by Canadian NI 51-102 Section 4.3(4).
- ATS segment revenue $767.9M (35% of total); CCS segment revenue $1,441.0M (65% of total).