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     125  0 Kommentare Corning to Participate in J.P. Morgan 52nd Global Technology, Media and Communications Conference

    Corning Incorporated (NYSE: GLW) today announced that Wendell P. Weeks, chairman and chief executive officer, will participate in a fireside chat at the J.P. Morgan 52nd Global Technology, Media and Communications Conference in Boston today.

    During the discussion, Weeks will review Corning’s value-creation approach, which is centered on the company’s focused and cohesive portfolio of capabilities. He will also outline Corning’s framework to add more than $3 billion in annualized sales and deliver strong incremental profit and cash flow over the next three years.

    “We’re seeing encouraging signs of improving market conditions, and we expect that the first quarter will be the low quarter for the year,” Weeks said. “We continue to execute on our plans to add more than $3 billion in annualized sales within the next three years. Importantly, the required capacity and capabilities to support this growth are in place and already reflected in our financials. As a result, we are poised to deliver powerful incremental profit and cash flow and generate substantial shareholder value.”

    Overall, the event is expected to provide investors, analysts, and other stakeholders with insights into Corning’s outlook on key markets, evolving trends, and growth drivers – all through the lens of the company’s relevant capabilities and product portfolio.

    A live webcast of this conference will be accessible on the homepage of Corning’s Investor Relations website. A recorded replay will be available on the Investor Relations website later today.

    Presentation of Information in this News Release
    This news release includes non-GAAP financial measures. Non-GAAP financial measures are not in accordance with, or an alternative to, GAAP. Corning’s non-GAAP financial measures exclude the impact of items that are driven by general economic conditions and events that do not reflect the underlying fundamentals and trends in the company’s operations. The company believes presenting non-GAAP financial measures assists in analyzing financial performance without the impact of items that may obscure trends in the company’s underlying performance. Definitions of these non-GAAP financial measures and reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures can be found on the company’s website by going to the Investor Relations page and clicking “Quarterly Results” under the “Financials and Filings” tab. These reconciliations also accompany this news release.​

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    Corning to Participate in J.P. Morgan 52nd Global Technology, Media and Communications Conference Corning Incorporated (NYSE: GLW) today announced that Wendell P. Weeks, chairman and chief executive officer, will participate in a fireside chat at the J.P. Morgan 52nd Global Technology, Media and Communications Conference in Boston today. During …