Corning (GLW) Tops Q1 EPS by 3c, Offers Guidance

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Corning Reports First-Quarter 2024 Financial Results

April 30, 2024 7:10 AM EDT

Management reaffirms expectation that first-quarter sales will mark the low point of the year, as improving market conditions support higher sales throughout 2024

Management expects core sales to grow sequentially to approximately $3.4 billion in the second quarter of 2024, with core EPS in the range of $0.42 to $0.46

Corning is well positioned to add more than $3 billion in annualized sales and deliver strong incremental profit and cash flow as markets continue to improve

CORNING, N.Y.--(BUSINESS... More