Corning(GLW) - 2024 Q3 - Quarterly Results
Corning(GLW)2024-10-29 19:13
Exhibit 99 FOR RELEASE – Oct. 29, 2024 Corning Reports Strong Third-Quarter 2024 Financial Results (1) Highlighting Key Milestones in 'Springboard' Plan to Add More Than $3 Billion in Annualized Sales, and Achieve Operating Margin of 20%, by the End of 2026 Results were at the high end of guidance, led by Optical Communications, which grew sales in its Enterprise business 55% year over year, driven by continued strong adoption of new optical-connectivity products for generative AI GAAP operating margin expa ...