Corning (GLW) Surpasses Q2 Earnings Estimate on Higher Revenues
Corning(GLW) ZACKS·2024-07-30 23:45
Corning Incorporated (GLW) reported strong second-quarter 2024 results, wherein both the top line and bottom line surpassed the respective Zacks Consensus Estimate. The advanced glass substrates producer witnessed a revenue expansion year over year, driven by healthy demand in the Optical Communications, Display Technologies and Specialty Materials segments. The growing adoption of new optical connectivity products for generative AI is a tailwind.Net IncomeOn a GAAP basis, the company reported a net income ...