Corning raises Q2 core sales outlook to about $3.6 billion from $3.4 billion
Corning said it now expects second-quarter 2024 core sales of about $3.6 billion, up from prior guidance of about $3.4 billion, with core EPS at the high end of or slightly above its $0.42 to $0.46 range. The company credited strong adoption of new optical connectivity products for generative AI and said it began buying back shares in the second quarter. The figures are preliminary and subject to change until closing and review procedures are complete, and full results are due July 30, 2024.
Key points
- Q2 2024 core sales now expected at about $3.6 billion, versus prior guidance of about $3.4 billion
- Core EPS expected at the high end of or slightly above the guided range of $0.42 to $0.46
- Company expects a return to year-over-year core sales and core EPS growth in the second quarter
- Full second-quarter results and outlook to be reported July 30, 2024, at 8:30 a.m. EDT
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 08, 2024.
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