Q1 2022 Celestica Inc Earnings Call

Per share information is based on diluted shares outstanding.

Let me now turn the call over to Rob.

Thank you Craig good morning, everyone and thank you for joining us on today's conference call.

Strong performance for the first quarter of 2022 was a great start to the year and a testament to the execution of a multiyear journey.

In spite of a dynamic macro environment, South Dakota continues to execute well on our key objectives, while advancing our long term strategy.

Both our first quarter revenue and non <unk> adjusted EPS came in above the high end of our guidance ranges.

Non <unk> operating margin exceeded the midpoint of our guidance ranges.

Furthermore.

<unk> operating margin of four 4%.

Represents the ninth consecutive quarter of year over year operating margin improvement.

And Q1 2022 was another strong quarter for our Ccs segment, achieving 24% revenue growth compared to the first quarter of 2021.

Hardware platform solutions or HTS continues to exhibit very strong growth as we continue to gain market share.

Our HTS business is expected to remain a driver of growth in Ccs for all of 2022.

Our Acs segment also had a solid quarter.