08.07.2024 14:20:33 - dpa-AFX: Corning Sees Q2 Core EPS At High End Of Or Slightly Above Prior Guidance Range

WASHINGTON (dpa-AFX) - Corning (GLW) said it expects second-quarter core EPS
at the high end of or slightly above management's guided range of $0.42 to
$0.46. The company now expects core sales of approximately $3.6 billion,
compared with previous guidance of approximately $3.4 billion.

Wendell Weeks, CEO, said, 'The outperformance was primarily driven by the strong
adoption of our new optical connectivity products for Generative AI. These
results reinforce our confidence in 'Springboard' - Corning's plan to add more
than $3 billion in annualized sales in the next three years as cyclical factors
and secular trends combine.'

Corning will report second-quarter 2024 results on July 30, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CORNING INC. DL -,50 850808 Xetra 40,240 24.07.24 09:30:21 -0,765 -1,87% 40,380 40,505 40,540 41,005

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH