Corning, Inc. (GLW) Tops Q1 EPS by 1c
Corning, Inc. (NYSE: GLW) reported Q1 EPS of $0.31, $0.01 better than the analyst estimate of $0.30. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.3 billion.
· | Core sales in the Display Technologies segment increased 58% from the year-ago period, resulting primarily from the recent consolidation of Corning Precision Materials Co., Ltd. |
· | Sales in the Optical Communications segment increased 26% from the year-ago period. |
· | Environmental Technologies segment sales increased 21% on a year-over-year comparison. |
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