Celestica: 2Q Earnings Snapshot

TORONTO (AP) _ Celestica Inc. (CLS) on Wednesday reported second-quarter net income of $13.3 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had profit of 10 cents. Earnings, adjusted for non-recurring costs, came to 25 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The electronics manufacturing services company posted revenue of $1.49 billion in the period.

Celestica shares have fallen 14% since the beginning of the year. The stock has decreased nearly 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLS at https://www.zacks.com/ap/CLS

The Associated Press