Corning shares hit a new 52-week low yesterday, falling 8% after reporting second-quarter results that failed to extinguish investor qualms about the future for the world's leading producer of LCD glass. Revenue for the quarter missed analyst expectations by 5%, while earnings were in line with expectations. Management reiterated its belief that pricing pressures will remain subdued within the cash-cow display technologies segment. The seasonally strong back half of the year will reveal if those headwinds are diminishing. In the following video, editor and analyst Brenton Flynn runs through the results and future outlook for Corning.
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