Corning Provides Update on Key Milestones in ‘Springboard’ Plan to Add More Than $3 Billion in Annualized Sales, and Shares Operating-Margin Target of 20% by End of 2026
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
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US:NYSE Investor Relations:
corning.com/worldwide/en/about-us/investor-relations.html
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Source: Business Wire
Management implementing price increases in Display Technologies and expects to deliver segment net income of $900 million to $950 million in 2025, and to maintain net income margin of 25%In Optical Communications, Enterprise sales are expected to grow by more than 40% year over year in the third quarter, driven by the continued strong adoption of new optical-connectivity products for generative AI used inside data centersCompany showcases new set of products to interconnect AI-enabled data centers, which support Lumen’s build of a new network and mark the first outside-plant deployment of Corning’s new gen AI fiber-and-cable system CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) will host a meeting today at its optical fiber facility in Concord, North Carolina, with investors and industry analysts to provide significant updates to its “Springboard” plan to add more than $3 billion in annualized sales with strong incremental profit and cash flow in the next three ye
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News
- Canton Corning plant to get $32 million in CHIPS funding, expecting to add 130 jobs [Yahoo! Finance]Yahoo! Finance
- Corning faces EU antitrust scrutiny over Gorilla Glass deals with phone makers [Yahoo! Finance]Yahoo! Finance
- Pipette Tips Global Strategic Business Report 2024-2030 Featuring Major Players - Biotix, Corning, Eppendorf, Hamilton, Mettler Toledo, Sarstedt, Sartorius, Sorenson, Tecan, & Thermo Fisher Scientific [Yahoo! Finance]Yahoo! Finance
- Corning Incorporated (NYSE: GLW) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Corning Incorporated (NYSE: GLW) had its price target raised by analysts at JPMorgan Chase & Co. from $55.00 to $60.00. They now have an "overweight" rating on the stock.MarketBeat
GLW
Earnings
- 10/29/24 - Beat
GLW
Sec Filings
- 11/7/24 - Form 144
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- GLW's page on the SEC website