Celestica lifted its outlook and expects revenue growth to accelerate through 2027 driven by intensifying demands for artificial-intelligence infrastructure. Shares rose 16% in extended trading.
The data center infrastructure company on Monday said it now expects full-year revenue of $21 billion, up $500 million from its previous outlook. It projected adjusted per-share earnings of $11.55, a 25-cent bump from its prior view.
Analysts polled by FactSet were expecting full-year revenue of $20.69 billion and adjusted earnings of $11.21 a share.
Amkor Technology stock jumped 3% despite Q3 double miss. It reported third-quarter diluted EPS of $0.76 on revenue of $1.99 billion, compared with market expectations of $0.78 and about $2.04 billion. The company also guided fourth-quarter EPS to $0.65-$0.75 on net sales of $1.9 billion-$2.0 billion, versus expectations of $0.77 and about $2.04 billion.
Whirlpool Corp. shares tumbled over 8% after it cut its full-year outlook for the third time this year and forecast its first annual loss in decades, citing a sluggish recovery as the company tries to mitigate weakening demand for household appliances.
Whirlpool now expects ongoing loss per share of $1.30 for 2026, down from its previous forecast of ongoing earnings per share of $2.50 to $3. The original guidance provided in January was for ongoing EPS of $7.
Cadence Design Systems jumped 1.66% in after-hours trading. The AI chip design company posted profit and revenue well above expectations, and raised its guidance in anticipation of double-digit growth fueled by “transformational Agentic AI opportunities.”
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