Celestica Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company has reported revenue of $1,753.4 million compared to $1,876.1 million for the same period a year ago. Earnings from operations were $55.3 million compared to $35.8 million for the same period a year ago. Earnings before income taxes were $54.2 million compared to $35.1 million for the same period a year ago. Net earnings were $69.2 million compared to $38.4 million for the same period a year ago. Basic and diluted earnings per share were $0.32 compared to $0.17 basic and diluted earnings per share for the same period a year ago. Net cash provided by operating activities was $96.8 million compared to $55.3 million for the same period a year ago. Purchase of computer software and property, plant and equipment was $14.8 million compared to $25.3 million for the same period a year ago. Adjusted net earnings were $71.1 million, or $0.33 per share, compared to $61.3 million, or $0.27 per share for the same period a year ago. Free cash flow was $89 million, up 191% from prior year. Adjusted operating earnings were $66.8 million compared to $66.3 million for the same period a year ago. For the full year, the company has reported revenue of $7,213.0 million compared to $6,526.1 million for the same period a year ago. Earnings from operations were $204.2 million compared to $126.3 million for the same period a year ago. Earnings before income taxes were $198.8 million compared to $119.4 million for the same period a year ago. Net earnings were $195.1 million compared to $101.2 million for the same period a year ago. Diluted earnings per share was $0.90 compared to $0.44 basic and diluted per share for the same period a year ago. Net cash provided by operating activities was $196.3 million compared to $165.9 million for the same period a year ago. Purchase of computer software and property, plant and equipment was $62.3 million compared to $60.8 million for the same period a year ago. Adjusted net earnings were $241.9 million, or $1.11 per share, compared to $197.7 million, or $0.86 per share for the same period a year ago. Free cash flow was $144 million, up 36% from prior year. Adjusted operating earnings were $261.1 million compared to $224.0 million for the same period a year ago. The company provided earnings guidance for the first quarter ending March 31, 2012. For the first quarter ending March 31, 2012, the company anticipates revenue to be in the range of $1.6 billion to $1.7 billion, and adjusted net earnings per share to be in the range of $0.18 to $0.24. The company expects a negative $0.05 to $0.07 per share (pre-tax) aggregate impact on an IFRS basis for the following recurring items: stock-based compensation and amortization of intangible assets (excluding computer software). The company anticipates negative free cash flow as a result of the timing of annual variable compensation payouts and an increase in capital expenditures for the first quarter of 2012 supporting expected growth. Finally, tax rate is expected to revert to the 10% to 12% range.