India, Jan. 29 -- Technology company Corning, Inc. (GLW), while reporting a profit in its fourth quarter compared to prior year's loss, on Wednesday issued first-quarter core earnings view, in line or above market. The company also projects first-quarter core sales to beat the Street view.
In pre-market activity on the NYSE, Corning shares were gaining around 8 percent to trade at $55.27.
Wendell Weeks, chairman and chief executive officer, said, "Clearly, we're off to a terrific start on our high-confidence 'Springboard' plan to add more than $3 billion in annualized sales and to achieve operating margin of 20 percent, by the end of 2026. Based on our outperformance, we plan to upgrade this high-confidence plan at our investor event in M...