Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Research, development and engineering expenses

Amortization of purchased intangibles

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Corning

Gorilla Glass is a brand of specialized toughened glass developed and manufactured by Corning, now in its fifth generation, designed to be thin, light and damage-resistant. Gorilla Glass is unique to Corning, but close equivalents exist, including Asahi Glass Co. Dragontrail and Schott AG Xensation.

Gorilla Glass

Corning, Inc. engages in the provision of glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications, carrier network and enterprise network products for the telecommunications industry, ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets, laboratory products for the scientific community and polymer products for biotechnology applications, optical materials for the semiconductor industry and the scientific community, and polycrystalline silicon products and other technologies. It operates through the following segments: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. The Optical Communications segment is classified into two main product groupings: carrier and enterprise network. The carrier network group consists of products and solutions for optical-based communications infrastructure for services such as video, data, and voice communications. The enterprise network group consists primarily of optical-based communication networks sold to businesses, governments, and individuals for their own use. The Display Technologies segment manufactures glass substrates for flat panel displays, including organic light-emitting diodes and liquid crystal displays that are used primarily in televisions, notebook computer, desktop monitors, tablets, and handheld devices. The Specialty Materials segment is involved in the manufacture of products that provide material formulations for glass, glass ceramics and crystals, and precision metrology instruments and software. The Environmental Technologies segment focuses on manufacturing ceramic substrates and filter products for emissions control in mobile applications. The Life Sciences segment develops, manufactures, and supplies laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Corning reports strong Q4 performance, focuses on long-term growth

Corning's Q4 performance was strong, meeting guidance with sales of $3.6 billion and EPS of $0.47. The company faced challenges from inflation and lower volumes but took actions to improve margins and cash flow in 2023.
Despite uncertainties in Q1 sales and profitability, Corning remains focused on long-term growth prospects and operational efficiency. The company's strategic initiatives, strong balance sheet, and focus on returning cash to shareholders position it for future success.
Opportunities in key markets like Optical Communications, solar, and automotive, along with cost improvements and new product wins, offer avenues for Corning to drive growth and enhance profitability. Addressing challenges from inflation and supply chain disruptions remains a priority.

Corning reports Q1 earnings growth, eyes electric vehicles market

Corning's Q1 performance reflected solid sales, margin expansion, and strategic focus on profitability and growth opportunities.
While facing challenges in certain segments like Optical and Fiber connectivity, the company is well-positioned to capitalize on opportunities in electric vehicles and display business.
Overall, Corning's innovative product development, operational efficiency, and market strategies position it for continued growth and profitability in key markets.

Corning reports strong Q2 earnings, focuses on profitability enhancements

Corning's Q2 performance showed improved sales, margins, and cash flow despite challenges from the pandemic and market conditions.
The company's focus on profitability enhancements and innovations in key segments positions it for future growth.
Opportunities in data centers, AI, and stable pricing in optics offer avenues for revenue growth and financial efficiency.
Corning remains cautious but committed to improving financial health and returning to pre-pandemic levels of profitability.

Corning reports solid Q3 results, eyes market recovery in 2024

Corning's Q3 performance showed resilience despite challenges in Optical Communications.
The company's strengths lie in collaborations, new product introductions, and market leadership.
While facing challenges in demand and pricing, Corning is optimistic about future opportunities and profitability.

Corning reports improved Q4 performance, eyes sales growth opportunities

Corning's Q4 2023 performance showed improved profitability and cash flow, with plans to increase sales and return cash to shareholders. Challenges include supply chain issues affecting sales and underperforming display demand in China. Opportunities lie in rebounding Optical Communications sales and revenue growth in key segments.

Corning surpasses Q1 expectations, hedges currency risks effectively

Corning delivered strong financial results in Q1 2024, exceeding expectations and demonstrating resilience in challenging market conditions.
The company's focus on hedging strategies, sales growth, and operational efficiency positions it well for future success.
While facing challenges in certain segments, Corning remains optimistic about opportunities in 5G, fiber optics, and enterprise markets.
Investors can look forward to continued progress, with management actively engaging in conferences and investor relations activities.

Corning reports strong Q2 results, eyes growth in Gen AI

Corning delivered a robust performance in Q2 2024 driven by new optical products and strategic partnerships. The company's focus on innovation and growth initiatives positions it well for future success despite facing challenges in margin management and market dynamics.

Corning (GLW) reports robust Q3 results and outlines ambitious growth plans

Corning's Q3 earnings call showcases strong performance, highlighting sales and EPS growth across key segments. The company's Springboard plan sets ambitious targets for revenue growth and margin expansion. Addressing challenges around pricing, margins, and expenses while seizing opportunities in partnerships and investments will be key for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Corning (GLW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Corning (GLW) Reports Next Week: Wall Street Expects Earnings Growth

Western Digital

Whirlpool

The Vanguard Mid-Cap Value ETF has outperformed the S&P 500 in the past year. Some iconic companies have lost over 30% of their value in the past year.

3 Oversold Stocks From The Vanguard Mid-Cap Value ETF

But making Corning Inc an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of GLW entered into oversold territory, changing hands as low as $34.68 per share.

Corning Enters Oversold Territory

Corning shares are currently undervalued in our opinion by at least ~10-20%, and we think current prices offer a very decent entry point to prospective investors.

Buying The Dip In Corning

Qorvo

Our theme of Apple Component Supplier Stocks – which includes a diverse set of companies that supply components for Apple's iPhones and other devices, has declined by about 8% year-to-date in 2022, roughly in line with the broader Nasdaq-100, although it has underperformed Apple stock.

How Are Apple Vendors Stocks Faring This Year?

Corning spiked 16% and closed up 11% on January 26, 2022. The bullish reaction was in response to its Q4 2021 earnings report and stronger than expected guidance for 2022.

Corning: On The Cusp Of A New Bull Market

Corning Incorporated (GLW) Presents at Morgan Stanley 2022 Technology, Media and Telecom Conference (Transcript)

Apogee Enterprises

View

Glass that can sharpen your portfolio: See what we did there? Jokes aside, what can glass stocks do for you?

3 Glass Stocks that Could Sharpen Your Portfolio

Corning (GLW) reported earnings 30 days ago. What's next for the stock?

Why Is Corning (GLW) Down 0.1% Since Last Earnings Report?

Corning shows incredible resilience in the current market, with shares up 10% in the last year.

Corning: Consistent Return During Unstable Times

The glass company delivered an impressive Q4 earnings report.

Why Corning's Fiber Optics Business Is Thriving

Allegheny Technologies

Emerson Electric

LM Ericsson Telefon

Could industrial stocks grow as the economy recovers?

Top Stocks To Watch Today?4 Industrial Stocks For Your Watchlist

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--3D Glass Solutions Inc. (3DGS), a leading innovator of glass-based three-dimensional passive radio frequency (RF) devices, announced today it has raised an additional $4 million in an extended Series B1 funding round. 3DGS welcomed new investor Menlo Microsystems Inc., as well as follow-on investments from both Corning Incorporated (NYSE: GLW) and Sun Mountain Capital, bringing the total Series B1 raise to $24 million. “The Series B1 round extension highlight

3D Glass Solutions Raises Additional $4 Million in Series B1 Round Extension

Air Products and Chemicals

Cigna

Intercontinental Exchange

L3Harris

After years of a low interest rate environment, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends, which help to provide an income stream.

5 ‘Strong Buy' Stocks With Dividends Expected to Rise This Week

The materials science company is preparing for margin expansion in 2022.

Why Shares in Corning Soared Nearly 15% This Week

Barclays analyst Tim Long raised the price target on Corning to $52 from $47 (26% upside) and reiterated an Overweight rating on the shares.

Analysts Bump Up Corning Price Target Post Q4 Results

Groupon

Good news on a couple different fronts ran counter to the choppy action in the broader market.

2 of Wednesday's Big Stock Winners Could Have Further to Rise

Corning Incorporated (GLW) CEO Wendell Weeks on Q4 2021 Results - Earnings Call Transcript

Corning's (GLW) fourth-quarter 2021 results benefit from growth in Optical Communications, Display Technologies and Life Sciences.

Corning (GLW) Surpasses Earnings & Revenue Estimates in Q4

The stock price of Corning Incorporated (NYSE: GLW) increased by over 13% during intraday trading today. This is why it happened.

Corning Stock (GLW): Why The Price Jumped Up Today

The world's most famous glassmaker just beat earnings -- and promised to do it again next quarter, too.

Why Corning Stock Jumped 12.5% on Wednesday

F5 Networks

Microsoft

SolarEdge Technologies

Teradyne

Tech stocks got off to a good start Wednesday morning. The Nasdaq was up about 2.3% in the first few minutes of trading.

Wednesday Morning's 5 Tech Stock Movers

Corning beat Wall Street expectations for fourth-quarter sales and earnings. The company said gross margin should expand over the course of the year as new pricing terms take effect as well.

Corning Stock Spikes as Earnings Top Estimates and Guidance Impresses

Corning is scheduled to report its Q4 2021 results on Wednesday, January 26. We expect Corning to likely post revenue in-line and earnings above the street expectations.

What To Expect From Corning's Q4?

Corning Inc (NYSE: GLW) reported fourth-quarter FY21 core sales growth of 12% year-on-year to $3.71 billion, above the consensus of $3.59 billion. Display Technologies sales grew 12% Y/Y to $942 million due to a favorable glass pricing environment.

News for Corning Stock (GLW)