Corning reports fourth-quarter and full-year 2021 financial results
Company delivered another quarter of year-over-year growth, with fourth-quarter core sales of $3.7 billion and core eps of $0.54; full-year core sales grew 23%, surpassing $14 billion; full-year core eps grew 49% to $2.07, with free cash flow nearly doubling to $1.8 billion; strong year-over-year growth expected to continue in first quarter, with core sales of $3.5 billion to $3.7 billion and core eps of $0.48 to $0.53; company expects approximately $15 billion in 2022 sales and to improve profitability as negotiated price increases in long-term contracts take effect throughout the year company delivered another quarter of year-over-year growth, with fourth-quarter core sales of $3.7 billion and core eps of $0.54; full-year core sales grew 23%, surpassing $14 billion; full-year core eps grew 49% to $2.07, with free cash flow nearly doubling to $1.8 billion; strong year-over-year growth expected to continue in first quarter, with core sales of $3.5 billion to $3.7 billion and core eps of $0.48 to $0.53; company expects approximately $15 billion in 2022 sales and to improve profitability as negotiated price increases in long-term contracts take effect throughout the year
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