Corning (GLW) says fourth-quarter sales are expected to grow 5% to 8% sequentially

At today’s Credit Suisse Annual Technology Conference, Corning Incorporated (NYSE: GLW) Chief Strategy Officer Dr. Jeffrey Evenson will provide investors with an update about the company’s expected financial performance in the fourth quarter of 2020.

Highlights of Dr. Evenson’s remarks will include:

• Fourth-quarter sales are expected to grow 5% to 8% sequentially
• Operating margin is expected to grow at approximately double the rate of sales sequentially

Dr. Evenson will tell conference attendees, “Despite a challenging macro environment, we continue to perform well and deliver meaningful accomplishments across the company. The relevance of our capabilities and our relationships with industry leaders are creating new opportunities for us to support customers with more Corning content. We are generating top- and bottom-line growth in multiple businesses and our strategic investments are paying off. Overall, our performance demonstrates the strength of Corning’s portfolio and our ability to execute.”

Corning’s presentation to investors will be available via webcast by accessing the investor events calendar on Corning’s Investor Relations website at www.corning.com/investor_relations.

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