GLW Stock Gains As Corning Tops Q3 Earnings Estimates — Company Targets $40B Annualized Sales Run Rate By 2030
Corning’s generative AI product sales more than doubled in the fiscal third quarter, while management reiterated its goal of reaching a $40 billion annualized sales run rate by 2030. Corning’s Optical Communications business recorded a 44% year-over-year increase in sales to $2.38 billion. The company forecast fourth-quarter core EPS of $0.96 to $1.00, above the … Read more