Corning is a global leader in materials science, specializing in the development and manufacturing of innovative glass and ceramics products
The company is renowned for its advanced display technologies, which are used in televisions and monitors, as well as its breakthrough optical communications solutions that empower high-speed data transmission. Additionally, Corning provides specialized glass for medical applications and is involved in the production of materials for various industrial and environmental needs. With a strong emphasis on research and development, Corning continues to push the boundaries of technology to enhance everyday life through its diverse range of products.
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Corning Glass (GLW) was really hot stuff during the Internet bubble, a quarter century ago. In recent years, it has been a calmer and more predictable creature.
Corning reported better-than-expected results driven by its Optical Communications segment, but challenges remain in its Environmental Technologies business.
The company will “upgrade” its ‘Springboard’ plan at its upcoming investor event in March. Corning is betting on riding the upward cyclical and secular trends to drive demand for its products.
Glass and electronic component manufacturer Corning (NYSEGLW) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 7% year on year to $3.50 billion. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $3.6 billion at the midpoint, or 2.1% above analysts’ estimates. Its non-GAAP profit of $0.57 per share was 2.2% above analysts’ consensus estimates.
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Glass and electronic component manufacturer Corning (NYSEGLW) will be announcing earnings results tomorrow before market open. Here’s what to look for.
IT hardware stocks dip after DeepSeek news, but analyst sees growth potential in Corning, Hewlett Packard Enterprise, Western Digital, Seagate Technology and Apple due to specific catalysts.
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