Corning Shares Gain on Q4 Beat, Robust Outlook

Corning Shares Gain on Q4 Beat, Robust Outlook
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Corning Inc. reported fourth-quarter FY21 core sales growth of 12 percent year-on-year to $3.71 billion, above the consensus of $3.59 billion.

Display Technologies sales grew 12 percent Y/Y to $942 million due to a favorable glass pricing environment.