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Short Take: Celestica beats expectations

Celestica, a manufacturer of electronics equipment, beat analyst expectations by three cents for its second quarter, which ended June 30. The company had profits of $13.2 million, or 31 cents per share, compared to analyst expectations of 28 cents per share, according to First Call. The company reported record revenue of $1.25 billion, a 62-percent leap from $773 million the like quarter a year ago. Also this quarter, the company acquired two existing facilities and announced plans for two others.

Celestica, a manufacturer of electronics equipment, beat analyst expectations by three cents for its second quarter, which ended June 30. The company had profits of $13.2 million, or 31 cents per share, compared to analyst expectations of 28 cents per share, according to First Call. The company reported record revenue of $1.25 billion, a 62-percent leap from $773 million the like quarter a year ago. Also this quarter, the company acquired two existing facilities and announced plans for two others.