Corning forecasts first-quarter sales above estimates on strong optical fiber demand
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Corning forecasts first-quarter sales between $4.2 billion and $4.3 billion, exceeding analysts' estimates of $4.23 billion, driven by strong demand for fiber-optic products. The company has secured a multi-year deal worth up to $6 billion with Meta Platforms for fiber-optic cables to support AI-focused data centers. Corning's shares have risen 26% this year, following an 84% gain in 2025. The optical communications division reported net sales of $1.70 billion for Q4, aligning with estimates, while core sales reached $4.41 billion, surpassing expectations of $4.35 billion.
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