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0 0.00301075268817206 0 0 0.004847311827957 0.01247311827957 0.0105376344086022 0.0169892473118279
Stock impact report

Corning Upgrades High-Confidence Springboard Plan to Now Add More Than $4 Billion in Annualized Sales, and to Achieve Operating Margin of 20%, by End of 2026 (1)

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: Business Wire
Company raises 2023-2027 sales CAGR from 25% to 30% in Optical Communications’ Enterprise business, driven by continued strong adoption of new Gen AI products for inside data centersCompany launches a new Solar Market-Access Platform that is expected to increase sales, profit, and cash flow beginning in the third quarterManagement raises first-quarter guidance; now expects sales to exceed $3.6 billion and EPS to come in at the high end of the range of $0.48 to $0.52(1) In 2024, Corning shared details on its original high-confidence Springboard plan to add more than $3 billion in annualized sales, and to achieve operating margin of 20%, by the end of 2026. The starting point for Springboard is the annualized sales run rate of Q4 2023. CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced an upgrade to its Springboard plan, along with details on the key milestones achieved across the company, at an investor event in New York City.This press release features Show less Read more
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