January 31, 2008 / 9:08 PM / 10 years ago

Celestica loss shrinks as revenue tops forecasts

(In U.S. dollars unless noted)

TORONTO, Jan 31 (Reuters) - Contract electronics manufacturer Celestica Inc (CLS.TO) (CLS.N) reported a smaller fourth-quarter loss on Thursday as revenue surged higher than the company and analysts had expected.

The company, which makes consumer electronics such as Microsoft Corp’s (MSFT.O) Xbox 360 video game console, said it lost $11.7 million, or 5 cents a share, in the three months ended Dec. 31. That was better than the loss of $60.8 million, or 27 cents a share, in the same period a year earlier.

$1=$1 Canadian Reporting by Wojtek Dabrowski; editing by Rob Wilson

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