🔹 Adj. EPS: $0.57 (Est. $0.56) 🟢; UP +46% YoY
🔹 Revenue: $3.87B (Est. $3.75B) 🟢; UP +18% YoY
🔹 Core Operating Margin: 18.5%, UP +220 basis points YoY
Q1;25 Guidance:
🔹 Revenue: $3.6B (Est. $3.54B) 🟢; UP +10% YoY
🔹 Adj. EPS: $0.48-$0.52 (Est. $0.48) 🟢; UP +30% YoY
Q4 Segment Revenue:
🔹 Optical Communications: $1.37B (Est. $1.29B) 🟢; UP +51% YoY
🔹 Display Technologies: $971M (Est. $963M) 🟡; UP +12% YoY
🔹 Specialty Materials: $515M (Est. $488M) 🟢; UP +9% YoY
🔹 Environmental Technologies: $397M (Est. $379.3M) 🟢; DOWN -7% YoY
🔹 Life Sciences: $250M (Est. $251.3M) 🟡; UP +3% YoY
🔹 Hemlock & Emerging Growth: $373M (Est. $391M) 🔴; UP +5% YoY
Other Key Metrics:
🔹 Net Income: $497M; UP +47% YoY
🔹 Operating Cash Flow: $623M
🔹 Free Cash Flow: $409M
2025 Strategic Outlook:
🔸 Display Technologies: Expects to deliver $900M-$950M in net income and maintain a 25% net income margin
🔸 Optical Communications: Record Enterprise sales, UP +93% YoY, driven by AI-driven network demand
🔸 Springboard Growth Plan: Targets adding $3B+ in annualized sales and reaching 20% operating margin by 2026
🔸 March 18 Investor Event: Expected upgrade to growth targets
CEO Wendell P. Weeks' Commentary:
🔸 "We had another outstanding quarter, with 18% sales growth and 46% EPS growth. Our AI-driven Optical Communications segment saw 93% Enterprise growth, and Display Technologies price increases positioned us for stability in 2025. Our Springboard plan is already paying off, and we anticipate even stronger performance in the coming years."