Jan 22 Contract electronics manufacturer
Celestica Inc reported a fall in fourth-quarter
profit as it stopped manufacturing products for biggest customer
Research In Motion Ltd .
Net income fell to $7.2 million, or 4 cents per share, from
$69.2 million, or 32 cents per share, a year earlier, the
company said on Tuesday.
Celestica earned $50.3 million or 25 cents per share,
Revenue fell 15 percent to $1.50 billion, consistent with
the company's forecast of between $1.43 billion and $1.53
The company said last June that it would stop making
products for RIM by the end of 2012.
The BlackBerry maker contributed about 17 percent of
Celestica's revenue in the quarter ending June 2012.