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Company News

BUZZ-Celestica Inc: Dips after poor results, forecast

** Electronics manufacturer’s U.S.-listed shares down ~9 pct at $10.09 in after-hours trading after Q4 results, forecast miss estimates

** If losses hold on Thursday, stock would erase YTD gains of ~5 pct

** Revenue from co’s enterprise and communications businesses declines; co records $13.2 mln restructuring charge

** Co expects Q1 adj profit of 20-26 cents per share, below analysts’ est of 28 cents, per TR I/B/E/S

** Separately, CLS announces deal to buy U.S.-based Atrenne Integrated Solutions for $139 mln cash; expects deal to close in Q2

** Stock fell nearly 12 pct in 2017 (Reporting by John Benny)

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