Celestica Inc. reported unaudited consolidated earnings results for the fourth quarter and fiscal year ended December 31, 2016. For the quarter, the company reported revenue of $1,623.7 million compared to $1,514.9 million a year ago. Earnings from operations were $23.7 million compared to $26.4 million a year ago. Earnings before income taxes were $29.3 million compared to $23.8 million a year ago. Net earnings for the period were $20.9 million compared to $12.1 million a year ago. Diluted earnings per share were $0.15 compared to $0.15 a year ago. Net cash provided by operating activities were $87.5 million compared to $92.0 million a year ago. Purchase of computer software and property, plant and equipment was $17.9 million compared to $16.0 million a year ago. Non-IFRS operating earnings (adjusted EBIAT) was $61.4 million compared to $53.0 million a year ago. Non-IFRS adjusted net earnings were $59.5 million or $0.41 per share compared to $38.9 million or $0.27 per share a year ago. Non-IFRS free cash flow was $69.3 million compared to $76.0 million a year ago.

For the year, the company reported revenue of $6,016.5 million compared to $5,639.2 million a year ago. Earnings from operations were $156.7 million compared to $115.4 million a year ago. Earnings before income taxes were $161.0 million compared to $109.1 million a year ago. Net earnings for the period were $136.3 million compared to $66.9 million a year ago. Diluted earnings per share were $0.42 compared to $0.95 a year ago. Net cash provided by operating activities were $173.3 million compared to $196.3 million a year ago. Purchase of computer software and property, plant and equipment was $64.1 million compared to $62.8 million a year ago. Non-IFRS operating earnings (adjusted EBIAT) was $221.2 million compared to $194.8 million a year ago. Non-IFRS adjusted net earnings were $200.9 million or $1.40 per share compared to $145.0 million or $0.92 per share a year ago. Non-IFRS free cash flow was $110.2 million compared to $113.2 million a year ago.

For the quarter ending March 31, 2017, the company anticipates revenue to be in the range of $1.4 billion to $1.5 billion, non-IFRS operating margin to be 3.5% at the mid-point of expectations, and non-IFRS adjusted earnings per share to be in the range of $0.24 to $0.30. The company expects a negative $0.11 to $0.17 per share (pre-tax) aggregate impact on net earnings on an IFRS basis for employee stock-based compensation expense, amortization of intangible assets (excluding computer software) and restructuring charges.