Earnings Call Summary | Corning(GLW.US) Q1 2024 Earnings Conference
Earnings Call Summary | Corning(GLW.US) Q1 2024 Earnings Conference
The following is a summary of the Corning Incorporated (GLW) Q1 2024 Earnings Call Transcript:
以下是康寧公司（GLW）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Corning Incorporated reported Q1 2024 revenues of nearly $3.3 billion with an EPS of $0.38.
The gross margin grew year over year by 160 basis points to 36.8%, and free cash flow improved by $300 million.
The company expects Q2 sales of approximately $3.4 billion with a strong incremental profit and an EPS range of $0.42 to $0.46.
The gross margin expanded by 300 basis points, while sales reduced by almost $400 million, achieved by improving productivity and raising prices.
康寧公司報告稱，2024年第一季度收入接近33億美元，每股收益爲0.38美元。
毛利率同比增長160個點子至36.8％，自由現金流增加了3億美元。
該公司預計第二季度銷售額約爲34億美元，增量利潤強勁，每股收益在0.42美元至0.46美元之間。
通過提高生產率和提高價格，毛利率增長了300個點子，而銷售額減少了近4億美元。
Business Progress:
業務進展：
Corning anticipates adding over $3 billion in annualized sales within 3 years backed by their existing capacity and capabilities.
The company is focused on innovation, specifically in Optical Communications, in response to density and bandwidth demands, with GPU being a major point of focus.
There are opportunities arising from growing data center demands due to energy sourcing and 5G applications.
Corning does not foresee a significant growth catalyst for the current year, expecting the largest impact from their newest innovations to occur the following year.
-They are planning shareholder and investor events in May.
康寧預計，在現有產能和能力的支持下，將在3年內增加超過30億美元的年化銷售額。
該公司專注於創新，特別是在光通信領域，以應對密度和帶寬需求，GPU 是主要關注點。
能源採購和5G應用不斷增長的數據中心需求帶來了機遇。
康寧預計今年不會出現重要的增長催化劑，預計其最新創新將產生最大的影響。
-他們計劃在5月舉行股東和投資者活動。
More details: Corning IR
更多詳情： 康寧紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。