Sebastian [Surname Unknown]'s questions to Corning Inc (GLW) leadership • Q4 2024
Question
Sebastian of Susquehanna, filling in for Mehdi Hosseini, asked if the expected 2025 carrier deployment increase is independent of the Lumen deal and sought color on the drivers for the Q1 sales growth guidance, particularly for the enterprise and display segments.
Answer
EVP and CFO Ed Schlesinger clarified that the anticipated carrier deployment increase is broader than just the Lumen agreement, though the ramp for other carriers is expected later in the year. He confirmed the Q1 guidance implies a strong enterprise segment and noted that for Display, panel makers are expected to maintain high utilization rates into Q1, with screen size growth being a key driver.