Corning Incorporated (NYSE:GLW) shares are trading higher on Thursday. The company provided significant updates to its “Springboard” plan of adding more than $3 billion in annualized sales and shared its strategy to achieve a 20% operating margin by the end of 2026.
For the third quarter of 2024, the company continues to expect sales of $3.7 billion (vs. consensus of $3.71 billion) and EPS in the range of $0.50 – $0.54 (vs. consensus of $0.53).
Wendell P. Weeks, chairman and chief executive officer, said, “I’m very pleased with the progress we ...
