Corning Expects Second-Quarter Core Sales to Exceed Guidance, With Core EPS at the High End of or Slightly Above Guided Range
July 09, 2024
July 09, 2024
CORNING, New York, July 9 (TNSres) -- Corning, a manufacturer of glass, ceramics and related materials, issued the following news release on July 8, 2024:
* * *
Management now expects Q2 core sales of approximately $3.6 billion, compared with guidance of $3.4 billion, and a return to year-over-year core sales and core EPS growth
Outperformance primarily driven by strong adoption of new optical connectivity products for Generative AI
'Springboa . . .
* * *
Management now expects Q2 core sales of approximately $3.6 billion, compared with guidance of $3.4 billion, and a return to year-over-year core sales and core EPS growth
Outperformance primarily driven by strong adoption of new optical connectivity products for Generative AI
'Springboa . . .