From Yahoo Finance: 2025-04-29 08:13:00

Corning forecasts second-quarter core sales above Wall Street expectations, driven by high demand for optical connectivity products in AI infrastructure. Shares rise over 1% in premarket trading. Sales in enterprise business up 106% year over year. Telecom 5G network expansion also boosts demand for Corning’s optic fiber products. Company expects second-quarter core sales around $3.85 billion and adjusted earnings per share between 55 and 59 cents. First-quarter core sales beat estimates at $3.68 billion, with adjusted earnings per share at 54 cents.



Read more at Yahoo Finance: Corning sees second-quarter core sales above estimates as AI boom aids demand