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General

Corning sees continued growth for 2019 after solid Q4

Tuesday 29 January 2019 | 14:03 CET | News
Corning said revenues for the fourth quarter advanced 15 percent from the year before to USD 3.0 billion, with all businesses contributing to the increase. For the full year, sales came in within guidance at USD 11.290 billion. Corning expects continued growth for 2019 and beyond, driven by investments as well as the adoption of new technologies, helped by the company's Strategy and Capital Allocation Framework. CEO Tony Tripeny said the push in 2018 was to expand the company's manufacturing capacity and to leverage that growth in the second half. That momentum is expected to build this year,

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Categories: General
Companies: Corning
Countries: World
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