Corning Surpasses Q1 Consensus Backed By Strength Across Optical, Display Businesses
Corning Inc (NYSE:GLW) reported first-quarter FY22 core sales growth of 15% year-on-year to $3.7 billion, above the consensus of $3.57 billion. Display Technologies sales grew 11% Y/Y to $959 million, driven by a favorable glass pricing environment. Optical Communications sales rose 28% Y/Y to $1.2 billion as 5G, broadband, and cloud computing continue…
Benzinga ·
Benzinga
