Corning (GLW) Tops Q4 EPS by 2c, Affirms Outlook for Long-Term Growth
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Corning Reports Fourth-Quarter and Full-Year 2019 Financial Results and Affirms Outlook for Long-Term Growth
January 29, 2020 7:16 AM ESTCORNING, N.Y. , Jan. 29, 2020 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for fourth-quarter and full-year 2019.
In 2019, we grew sales 2% driven by strong performance in three businesses. We advanced key growth initiatives and took actions to address the material impact of changing market and customer dynamics in Display Technologies and Optical Communications, said Wendell P. Weeks, chairman, chief executive officer, and president. While our 2019 growth did not meet long-term targets, we once again outperformed our underlying markets and expect to build momentum throughout 2020 that will keep us on track to... More
