2021-01-27 07:21:05 GLW Corning
01/27/21 01/2707:21 01/27/2107:21 | Corning reports Q4 core EPS 52c, consensus 48cReports Q3 revenue $3.4B, consensus $3.19B. CEO Wendell Weeks said: "We delivered outstanding fourth-quarter results, as each of our businesses grew sales and profits year over year. 2020 was an incredibly difficult year as the world dealt with the pandemic, economic uncertainty, and social unrest. Throughout the year, we focused on serving our customers, executing our strategic priorities, and protecting our people. We gained sales-growth momentum, expanded margins in the second half, and generated significant free cash flow. Our investments in our people and technology, along with our deep relevance across key markets, are creating opportunities for 'more Corning.' We continue to strengthen the company and remain committed to our employees, communities, customers, and shareholders. Corning is proud to be creating life-changing technologies that contribute to keeping people safe and that help society address the challenges of the pandemic." |
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