UPDATE: Corning (GLW) Tops Q1 EPS by 4c; Offers Q2 and FY22 Guidance
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Corning’s Strong First-Quarter Sales and Improved Profitability Highlight Outstanding Start to 2022
April 26, 2022 7:10 AM EDTCORNING, N.Y., April 26, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced first-quarter 2022 results and provided its outlook for second-quarter and full-year 2022.
We are off to an outstanding start in 2022, driven by broad-based strength across our businesses led by 28% year-over-year sales growth in Optical Communications and continued favorable pricing in Display. In the first quarter, company sales grew 15% year over year, with EPS growing even faster at 20%. We successfully navigated a complex geopolitical and external operating environment, and our innovations and... More
