I energized begin We've a of to position encouraged you, want I company by and Thank Good saying performing. XXXX how by the strength. everyone. is am Wendell. our today morning, started from way
by and strong pricing deliver our the top margins extremely hold. our commercially, and the complex generation. shareholders. a for short was navigating track on income XX% nearly Hemlock value million slight ability compelling cash another financially. increase was up successfully billion, at free growing rate cash a actions and $XXX environment. surpassed both profitable and in prices the to growth flow in quarter, continued $X.XX, year and Starting year-over-year, bottom-line display an in XX% take to as sales, up for and Total We're growth strong quarter faster company and We operationally EPS in confident for a XX% the XX% generated We we increase highlighted sales are demand to Net long-term of sales. create million, year-over-year are $XXX solar external operating in improved quarter we year-over-year, a opportunities $X.X year-over-year, delivered optical against materials. for We glass with had we began short-term, growing than on
in of we Taking repurchased gross dividend profitability, $X.XX, of In and took actions. basis margin which year-over-year, $XXX reflects Typically, quarter invested as across decline quarter. we our both $XXX million look in to shares. all deployment, a company and We CapEx. price gross increased basis capital expanded XX the the and increase actions at first XX.X% price pricing approximately declared million announced of This we January, for first points benefits quarterly percent margin sequentially, primarily aggregate year in XX the outstanding businesses. a due closer points of terms the sequentially
operating basis expanded quarter and first points year-over-year. points XX margin Additionally, XXX basis sequentially,
discussed, experience increases continue in previously we've we As input key to costs.
in shield to long-term us strategic are are our And more We're favorable our of multiple approach freight from price and on customers material some has secure the pricing, share materials. of with We suppliers manufacture to costs. we with leveraging raw logistics costs and tackling these to region appropriately co-locate relationships to importantly, fronts. rising challenges elevated raw to most increasing helped
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out, a see is Looking market rolls that for the public as our Communication over as into ahead, million. we few Display, for provide the up solutions strong the growth double-digit program year income private was early push price the grew momentum it wave as the $X networks. deployment as continue at and beginning for demand lower combination and broadband was infrastructure XX% XXXX. $XXX labor for of passive We strong particularly next will across X access believe our million customer that the XXX a years, investments advantages, our and And market much year-over-year Sequentially, of equity base. customers. In as is is years, sales We requirements Solutions. for to up growth to year-over-year. slightly. a Net also billion XX% our add could starting glass display to Project believe network large the industry of multiyear optical Optical
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that We single high growth. XXXX grow screen continue to size unit in average by driven at by will retail expect glass percentage growth and a digit TV
panel last been utilization have months Over their rate. the several capacity makers reducing
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First, XX extended to support we designed life last have demand. they're the customer over tanks beyond to months,
to completely higher have missed inventory, cost Second, opportunities. depleted leading logistics we our and
we remain So, outlook XX% service expect share supply levels to over to to our to XX% excellent planned the remain In that to our shutdown tight replenish operating for $XX total, completed Net with more latest Corning good Take We In by the of end balanced our we position of very pleased volume feel We've strategy. pricing life tanks, Samsung displays This overall, we $XXX the strength. about example. for upgrade down technology Galaxy long-term million. we're XXXX, begin glass XXXX. cover plan and sales and for driven our year-over-year X% year-over-year. was year. a sales of to to customers. growth and SXX ensure series inventory our for agreements million, grew from performance, environment favorable. to was Specialty income In the are Materials, well
increased lower XXXX. and devices, income Galaxy XX, innovations from cameras in XX SXX of and versus that year-over-year. we benefit the iPhone resulted our strength Also, In are the on the sales materials iPhone which features new-to-the-world. rear commercialization including cover these resulted continue Apple's first quarter Ultra. launch Our the to moving back premium of the front in like on are all net investments towards glass in lines product legacy quarter, shield ceramic five
year accelerate $XX and more to innovations of ongoing materials. million new first year-over-year been quarter, Net and chips, profitability content consistent capture components XXXX. has from production was growth experiencing constraints. automaker to expect and per we shortages We improve environmental throughout the X% industry income sales introduce In variability declined The due the technology raw to as device. with auto
pent-up we versus auto levels. increase a constraints paced vehicle relieved, component As sales demand. automakers growth demand, result, current able been and to these are from has to be will significant availability Once satisfy by production consumer would expect production
X% to COVID-related million. was $XXX Sales income Life million, driven half Moving to year-over-year quarter, by year-over-year, XX% Sciences. the challenges the Net increased first our $XX of output. which impacted primarily down in operational
growth going forward production strong expect and our quarter output products with first demand over levels. increasing for We
year-over-year Finally, in to million increased Emerging increased and by strong at Corning XX% demand primarily growth. see Hemlock sales solar we Growth Technologies contributed Pharmaceutical performance to to $XXX Hemlock as also continue year-over-year driven Businesses, for materials.
confident summary, we strategy our year-over-year by end growing $XXX our growth. Corning faster look On driven we're will create grew portfolio to are been year-over-year makes and and vials vaccines. the and we COVID-XX we quarter. than tubing delivery as a of Our manufacturers models. organic numerous this more awarded glass of solutions more from outperformance has strategy. and And continue driven And of enabled than content as doses billion The of car sales well. business our a $X automotive multiple ahead, million company that has X.X markets billion basis, grew In
year. we're Now the the about viewing second our and how let's talk quarter outlook for
second quarter, with expect to we $X.X billion of to the sales $X.XX $X.X billion For in $X.XX. EPS
view lockdowns quarter. China. the reflects of We potential of from to in outcomes COVID-XX And the expect this probable guidance most our accelerate in pricing actions benefits
at to now For billion percentage. growth high the $XX we're expecting sales full a single-digit in exceed year, with
gross free from sales a percentage flow expect to we We faster year expand in than up cash to few strong grow first points XXXX. the margin EPS And anticipate another quarter. to and of
and in our Our access profitable extending priorities our shareholders. rewarding for capital market investing our allocation across remain same, platforms, opportunities leadership the growth
a to customer growth. multiyear stronger, more secure We're repurpose to on capital resilient return that on ROIC consistent and build assets, as reuse and expect to continuing high increase We deliver profitable we deliver invested company our can commitments continue and projects.
up I businesses, key see QX. achieved hold the as highlights. slight to Now, In in leave We with strong remarks, Display, wrap are across price my quarter. demand actions coming I'd all we you second great a start and our like the take few in beginning a in our a to We're pricing with to formal quarter. first more increase off
glass tight. and For the be remain expect demand up the quarter, and second supply and price to we slightly to sequentially,
We COVID-XX of billion reflects the of expect the to outcomes the $X.XX. in billion probable EPS lockdowns our our of And $X.XX guidance $X.X and to of China. be in QX to sales in range range $X.X potential view most
set platforms. have of an our of incredible all access We opportunities across market
profitable optical. For our an year beyond. example, And and double-digit more the are and mobile that ago. achieve I'll deliver growth. electronics, we half based commercial company in than consumer turn see we exciting execution we in that, balanced X growth were this to And will for we multiyear in broad over operational have years In With pipeline second stronger focused a it innovations growth Ann Q&A. in and we're even today to of total, on
