Previous close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.5000 |
Strike | 45.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0500 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Corning Inc (NYSE:GLW) reported a fiscal first-quarter 2024 core sales decline of 3% year-on-year to $3.26 billion, beating the consensus of $3.12 billion. The Apple Inc (NASDAQ:AAPL) glass supplier’s core EPS of $0.38 beat the consensus of $0.35. Display Technologies’ sales grew by 14% year over year to $872 million, driven by higher volume and pricing actions in the second half of 2023. However, sales remained flattish quarter over quarter. Optical Communications sales declined 17% year over y
Despite signs of recovery in several end markets, lower demand stemming from inventory corrections in the Optical Communications and Life Sciences vertical impedes Corning's (GLW) top line.
Comprehensive Analysis of Corning's Financial Performance and Future Outlook