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Corning Reports Third-Quarter 2023 Financial Results with Continued Improvement in Profitability and Cash Flow

Corning Reports Third-Quarter 2023 Financial Results with Continued Improvement in Profitability and Cash Flow
Gross margin percentage expanded sequentially on consistent sales and year over year on lower sales; Operating and free cash flow both grew sequentially and year over year; Profitability and free cash flow sequential increases were driven by pricing actions, primarily in Display Technologies, and companywide productivity gains; For the fourth quarter, management expects similar core […] The post Corning Reports Third-Quarter 2023 Financial Results with Continued Improvement in Profitability and... Read More
Posted: Oct 24 2023, 11:10
Author Name: forextv
Views: 042336

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