Quartz·1 min read·medium
Corning beat earnings expectations but missed on revenue — and the stock is sinking
✦AI Summary
Corning reported second-quarter earnings that beat analyst expectations, but the company's stock fell due to a weaker-than-expected outlook for the third quarter. Revenue figures also missed Wall Street targets.
Corning posted core EPS of $0.78 and core sales of $4.74 billion in the second quarter, but its third-quarter outlook fell short of Wall Street expectations
businesseconomy
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