Previous close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 2.1500 |
Strike | 45.00 |
Expiry date | 2024-11-15 |
Day's range | 0.0500 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | 6 |
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.