Corning forecasts second-quarter core sales above estimates on steady carrier spending
The Star Online - Tech·2024-05-01 08:00
(Reuters) - Specialty glass maker Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, banking on price increases and healthy demand for its fiber optic cables amid recovery in spending from telecom clients.
Shares of the New York-based company rose more than 3% in premarket trading.
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