Report
Ali Mogharabi
EUR 101.80 For Business Accounts Only

Continued focus on innovation will likely support Corning’s growth prospects.

Corning’s third-quarter results came in better than expected driven by double-digit year-over-year revenue growth in optical and specialty materials segments. Corning continues to benefit from data center network capacity expansion by its customers, which has helped generate the strong revenue growth in the firm’s optical segment. In addition, Gorilla Glass adoption is widening and driving specialty materials’ strong double-digit growth, which management expects to continue in the fourth quarter...
Underlying
Corning Inc

Corning is a provider of glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; optical materials for the semiconductor industry and the scientific community; and other technologies. The company reportable segments are: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ali Mogharabi

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