another and business outstanding segment We We Wendell growing. every sales Thank good you, with had grew year-over-year morning. XX% quarter.
more this and and grew XX%, earnings share net growth also continuing income We for even all sales beyond. XX% to per invest while year
adjustment performance hedge non-cash Now difference the contracts. details note a results primary into get is results, I of to between want I our GAAP for again and currency our the core and mark-to-market our that before
periods the recorded settling earning though mark-to-market of quarter. end discussed accounting contracts each not those value and we’ve before, to GAAP As quarter, will the current requires in at a settled current hedge be even in translation contracts be future
in in million resulted gain GAAP For of after-tax $XXX us, an QX. this
mark-to-market be to cash Now on clear, our has flow. accounting no this impact
rate future provide fluctuations foreign distributions. earnings us ability our growth and Our and for and economically protect certainty exchange flow, higher to for currency invest cash our from shareholder hedges our
currency core operations constant by economics results transparency transactions. underlying provide the into using or non-GAAP Our a rate aligned with additional our of
the are our me brings That certainty to inception pleased provides. cash We received program more outlook. $X.X since hedging contracts results years under our our billion it ago. very in their economic hedge and five with We’ve than and
to XX% was rose quarter, up billion. were year-over-year XX%. the For up sales income million first and to $XXX EPS XX% $X.X Net $X.XX,
Wendell noted, from strong technology our results manufacturing our and growth As leadership.
from benefiting are expansions XX.X capacity Filters We Cable, projects multiple Gorilla and Optical Glass, as recent for Fiber mobile investments, and development Glass devices for such Gasoline and automotive. including Particulate Display Gen
to additional how $XXX with plants sales manufacturing QX are additional year, market We million driving Capital every over expect with and XXXX are pleased we and will come committed platform. capacity access XXXX and in $X these playing invest. for totaled in in very demand growth Throughout and the just beyond. spending programs in out spend billion creating we're investments continuing online to
Now let's Display had segment goal quarter. strong stabilize a outlook. very is detailed our results to we returns In and and look the at Technologies,
net XX% year-over-year. income First $XXX was up quarter sales and XX% were up million,
declines price favorable we a more and glass over first the sequential quarter moderate First in most well decade. quarter were expected than
improve Second of to a expect our we mid than moderate under remain sequential even were XXXX. in single-digit our volume and price to as full-year all to With further be are XXXX declines contract, expected price quarter better they declines percentage well.
view pricing continued Now environment three continue. drive factors this to that our will favorable
continue we even First, to tight. glass balanced or to supply expect be
on Gen with Gen XX.X It of to our capacity balanced BOE. expected our large supply We the supports schedule. in to size and growth is to glass XX.X demand. ensure remains plant BOE pace ramp TVs. tandem customer with That is dedicated align co-located Our and
demand tight below to as is the information public balance segment. expect indicates growth capacity glass the Gen in We be little planned continue there to supply XX.X
Therefore, capacity even profitable. price third, glass improve levels. further Second, operations. To competitors price pricing acceptable declines current will requires remain they need expect slow on continue glass profitability current to manufacturing their ongoing maintain our will investments, to face display at investment in returns And generate further. to challenges as try declines we to
be our grew an Glass volume will of grew year-over-year if market can due XX.X the single Corning, single-digit For we mid more. our percentage, our In to add display expect digits the to expect volume market we Display plant. seasonality. only shareholders. as for market Gen our capacity first we the XX.X mid volume we year-over-year up to quarter, the XXXX, and attractive second digits Again get Sequentially, significantly be we glass the of significantly and single Gen and due consistent our expected In quarter ramp. return increase ramp to normal a faster, with up the to mid by the
full-year, For volume to continue single expect display TV digits, to we the driven screen glass market growth. grow by the mid size
deliver our ability in expect ramp we current the facility. Display returns. glass market, capture to with of the XX.X including than Gen resulting to the volume pleased We In grow XX.X Gen growth faster our and remain dynamics summary, business, half from stable our again, our very
up year. center goal Sales The beyond. in XX% the with XM's business $X projects on well Division. XX% recently further and Market the first growth quarter, carrier track for the over its as In our quarter to surpass income last billion Communications. increased this is and $X.X were fastest Net acquired of billion sales multiyear by from data is move Optical sales to growth year-over-year. sales were growing of driven as segment, Communications Let's segment in XXXX,
As higher deliver our are volume earnings. planned, investments leveraging and to we capacity
a about has not anticipated. sales outlook connected homes impacted been originally three major by will deployment quarter as in quarter customer, shifting XXXX This its million. passed Our homes by to impact $XXX fiber-to-the-home from two,
quarter, growth about which up XX%, to now the we of last still guidance the from market. a be sales result, low-teens is provided revised our well full-year but expect ahead we As
For solutions center, single-digits the demand we data expect high second strong. fiber cable grow growth. connectivity sales remains our and quarter, strong to driven Overall year-over-year, fiber, and for by cable
world's to data deploy the operators, and leading their optical XG, center solutions densify customers, to networks. continue cloud Our networking XG Corning's
sales competition to up income us. Environmental continue Technologies We XX% million, the quarter outpace ahead very of Net excited about year-over-year. first X%. we’re and the growth $XXX were grew
faster gasoline China European to are market appears platforms in auto well we are effect particulate in anticipated. filter China $XXX for are The be regulations way preparing VI our on winning million XXXX. full we implementation and than We building a are in makers more to developing and business. full
targets. initiative. China XXXX raising exceed $XXX is now early our part a we short of expect As we are opportunity. thereafter. sales result, robustly accelerating could sales their and long-term and sales increase further also grow and GPF our our investments to to its both implementation are considering our in Blue heavy and We This as Sky million of duty regulations investment
more by two. on We quarter end the and impact have timing will of exact the clarity
slightly XX% it to be versus expectations will of more and single-digit demand, described, As sales capture expect Based accelerating high greater but on I we somewhat to short-term, full-year the prior the mutes or invest our we in growth sales medium our and just the in result growth. up in now profit profitability opportunities long-term. our
be sales year-over-year. XX% expect was Materials, performance up second Specialty first We about strong. quarter In quarter to also
$XXX First quarter for XX% the demand million, Consumer company's glass by Mobile income portfolio solutions. continued year-over-year grew and X% Net of sales were year-over-year. driven up Electronics strong
For quarter, year-over-year. the high single expect second to we sales grow digits
our of market, expect depend We will grow XXXX, continue on the exactly adoption despite to innovations. again a smartphone maturing how rate much to in
of Our our Life value innovation growth. we results to of and In Sciences, the outlook outpace premium our and demonstrate strength glasses the market continue portfolio.
year-over-year. were First up year-over-year, income XX% was net sales million, X% up quarter $XXX
of to recent performance quarter excellent company. in full-year summary, sales our strong with digits both In are across second first single of results. the our expect and had investments evident The low we mid growth We benefits an year-over-year. quarter
through and of have All we momentum expect continued sales businesses our solid growth XXXX.
For sales the single-digit up and by mid-teen we points second high EPS up basis margin with quarter, by up operating a expect growth a XX year-over-year percentage, percentage.
our Wendell all both businesses. As of described in to invest earlier, we and I continue
in at utilization online same plants, are facilities time we are XXXX, for plants and We in GPFs finishing. capacity including auto new that increasing building came glass the and
costs of startup, normal those build, some optimize margin on ramp leverage associated our the gross we facilities, offset line. and While
to the work our commitments from does customers so pace manufacturing the floor. As increase, and our the of on
to gross we a quarter ago. anticipated the a line higher As offset than is result, margin our slightly
As second significantly, we sales grow also grow to our dollars quarter, both margin significantly and in expect the year-over-year. gross sequentially
We expect gross better QX be our margin than slightly percentage to QX.
margin improve ramping optimization, as similar facility be XX%. to half the Now pace our we we expect of versus year, margin XX% and to the last second between and second half committed in to utilize we gross startup half Depending demand. the gross capacity percentage meet now first our expect percentage to on
purposes, percent modeling operating XXXX. to your be margin we expect that For than XXXX greater
we approximately full-year. to versus for first Hemlock $XXX the $XX outlook approximately earnings XXXX income, Now earnings expected gross to $XXX expense Semiconductor $XX are be to moving from $XX expect million. the million approximately quarter additional gross details, equity equity the million to at second of Full-year million quarter other predominantly other be with million,
We expect QX. XXXX to consistent be approximately rate with our XX% effective tax for
Finally, make a I would of couple China. comments economic in to on like particular, the environment,
as tariffs. not First, impact do a from we the expect enacted previously, said material we
for end QX. Second, an better, for upside. excellent demand guidance autos Chinese we XXXX. we and demand and start In closing, If conservative TVs market outlook off our estimates China and strong for there's incorporated in are for an is to opportunity
reactions earnings We continue to recent innovations. opportunity delighted shareholders. sales our and welcome from and invest and growth are our for investments the our to are we the customer benefiting with We strong delivering
of than faster strong opportunities Our us we and ahead XXXX all set of continue the businesses. in the as reflects market of grow rich our guidance across to beyond,
strategy exciting forward let's sharing longer And Q&A. With allocation June on of within We Ann? the XX. I framework. term to move to striking and on our capital outlook fully distance are delivering look that,