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:
以下是康宁公司（GLW）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
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.
康宁公司报告称，2024年第一季度收入接近33亿美元，每股收益为0.38美元。
毛利率同比增长160个基点至36.8％，自由现金流增加了3亿美元。
该公司预计第二季度销售额约为34亿美元，增量利润强劲，每股收益在0.42美元至0.46美元之间。
通过提高生产率和提高价格，毛利率增长了300个基点，而销售额减少了近4亿美元。
Business Progress:
业务进展：
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.
康宁预计，在现有产能和能力的支持下，将在3年内增加超过30亿美元的年化销售额。
该公司专注于创新，特别是在光通信领域，以应对密度和带宽需求，GPU 是主要关注点。
能源采购和5G应用不断增长的数据中心需求带来了机遇。
康宁预计今年不会出现重要的增长催化剂，预计其最新创新将产生最大的影响。
-他们计划在5月举行股东和投资者活动。
More details: Corning IR
更多详情： 康宁红外
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：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。