Celestica (CLS.TO, CLS) was last seen up 15% in after-hours New York trading as the company on Wednesday reported improved earnings for the fourth quarter on higher revenues and raised its outlook for 2025.

The technology and cloud-computing company posted record adjusted earnings per share, excluding most one-time items, of US$1.11, up from US$0.77 in the year-prior quarter.

Revenue rose 19% to US$2.55 billion from US$2.14. Adjusted operating margin (non-GAAP) was 6.8%, compared to 6.0%.

Celestica now anticipates 2025 revenue of US$10.7 billion, an increase from its previous outlook of US$10.4 billion, and up from US$9.65 billion last year, and adjusted EPS of US$4.75, up from its previous outlook of US$4.42 and US$3.88 in 2024.

For the first quarter, Celestica sees US$2.475-US$2.625 billion and adjusted EPS (non-GAAP) of US$1.06 to US$1.16. Adjusted operating margin of 6.8% is seen at the mid-point of its revenue and adjusted EPS guidance ranges.

"Looking towards 2025, we are pleased to raise our full-year outlook, reflecting strengthening demand in our CCS segment," chief executive Rob Mionis said. "Overall, the current demand environment for data center hardware is robust, as evidenced by recent customer forecasts as well as new AI program awards over the last 90 days, including our second and third 1.6T program wins. As such, we believe the positive momentum we are experiencing will continue beyond this year, and into 2026."

Celestica shares were last seen up US$14.51 to US$115.00 after hours. They closed up $8.94 to $144.99 on the Toronto Stock Exchange.