Corning Upgrades Springboard Plan, Targets $4B in Annual Sales and 20% Operating Margin by 2026; Q1 Guidance Raised

Corning Incorporated (NYSE: GLW) has raised its long-term guidance, announcing an upgrade to its 'Springboard Plan' that aims to generate over $4 billion in annualized sales with a targeted operating margin of 20% by 2026. This update was shared by CEO Wendell Weeks, who emphasized the company's commitment to driving sales growth. Additionally, Corning has raised its guidance for the first quarter of the fiscal year, reflecting optimism about its future performance.