Apple's Glass Supplier Corning Shares Climbed 9%
Apple's Glass Supplier Corning Shares Climbed 9%
$Corning (GLW.US)$, an Apple supplier, saw its shares trading higher after the company increased its second-quarter core sales guidance. The company now projects core sales to be approximately $3.6 billion (vs. consensus of $3.41 billion), an increase from the previous guidance of $3.4 billion.
$康寧 (GLW.US)$蘋果概念公司股票價格上漲，其第二季度核心銷售指引有所增長。該公司預計核心銷售額約爲36億美元（預估值爲34.1億美元），相比之前的指引34億美元有所增長。
Core EPS is expected to reach the high end of, or slightly exceed, the management's guided range of $0.42 to $0.46 (vs. estimate of $0.45).
預計核心每股收益將達到管理層指導區間的高端，或略高於0.42至0.46美元的預測值。
The company anticipates over $3 billion in annualized sales growth over the next three years, fueled by both cyclical factors and secular trends.
公司預計未來三年內的年化銷售增長將超過30億美元，由週期性因素和結構性趨勢推動。
Wendell Weeks, chairman and chief executive officer, said, "The outperformance was primarily driven by the strong adoption of our new optical connectivity products for Generative AI. These results reinforce our confidence in 'Springboard' – Corning's plan to add more than $3 billion in annualized sales in the next three years as cyclical factors and secular trends combine."
董事長兼首席執行官溫德爾·維克斯表示：“強勁的採用率首要是由於我們的新一代光學連接產品在生成式人工智能領域所取得的成功表現。這些成果強化了我們對‘跳板’計劃的信心-康寧的計劃，通過週期性因素和結構性趨勢，未來三年內增加超過30億美元的年化銷售額。”
"We've positioned the company to capture significant growth with powerful incremental profit and cash flow. Because of our confidence in Springboard, we began buying back our shares in the second quarter."
“我們已將公司定位在實現強勁的增長和增量利潤以及現金流的目標上。由於我們對‘跳板’計劃的信心，我們在第二季度開始回購我們的股份。”
Management reaffirms that first-quarter sales will be the lowest of the year and anticipates higher sales throughout 2024 due to improving market conditions.
管理層確認第一季度的銷售額將是今年最低的，並預計由於市場條件的改善，2024年將實現更高銷售額。
Corning projects to report second-quarter 2024 results on July 30, 2024.
康寧計劃於2024年7月30日公佈第二季度的業績結果。