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General

Corning sees double-digit sequential growth in Q3 for both revenues, profit

Wednesday 9 September 2020 | 15:06 CET | News
Corning has provided a financial update for the third quarter, saying it expects double-digit sequential growth for revenues and an even stronger increase for profit. The company is guiding for revenues up quarter-on-quarter by a low-teen percentage. Profitability growth will meanwhile outpace that of revenues, as the company's cost-control efforts boost operating leverage. Corning reported singly digit growth for revenues in the second quarter, on a sequential basis.

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Categories: General
Companies: Corning
Countries: World
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