CLS beats guidance in third quarter and outlines $40B revenue target for 2027
CLS third-quarter revenue rose 83% year on year, and adjusted EPS climbed 109%. The company sees 2027 revenue at $40.0B, according to TradingView.
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what happened
CLS reported third-quarter revenue up 83% year on year to $5.83B. Adjusted earnings per share rose 109% to $3.30, above the company's guidance. TradingView, which published the report, cited these figures.
For 2027, the company targets $40.0B in revenue and a 9.0% adjusted operating margin. The outlook rests on strong demand, including demand for infrastructure tied to artificial intelligence.
why it matters
Beating guidance on both measures and setting an ambitious 2027 target points to durable demand for AI-related equipment. For investors, this signals revenue growth across the sector, while the targeted margin remains moderate, keeping cost control in focus.
market impact
CLS shares and the AI infrastructure sector: strong demand supports revenue expectations
tags
instruments
sources
- CLS: Q3 beat guidance as robust demand supports a $40B 2027 revenue outlook — TradingView, 26 October 2026 at 20:32 UTC
- CLS: Q3 beat guidance as robust AI demand drives a $40B 2027 revenue outlook — TradingView, 26 October 2026 at 20:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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