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

Company delivered another quarter of year-over-year growth, with fourth-quarter core sales of $3.7 billion and core EPS of $0.54; Full-year core sales grew 23%, surpassing $14 billion; full-year core EPS grew 49% to $2.07, with free cash flow nearly doubling to $1.8 billion; Strong year-over-year growth expected to continue in first quarter, with core sales of $3.5 billion to $3.7 billion and core EPS of $0.48 to $0.53; Company expects approximately $15 billion in 2022 sales and to improve profitability as negotiated price increases in long-term contracts take effect throughout the year Company delivered another quarter of year-over-year growth, with fourth-quarter core sales of $3.7 billion and core EPS of $0.54; Full-year core sales grew 23%, surpassing $14 billion; full-year core EPS grew 49% to $2.07, with free cash flow nearly doubling to $1.8 billion; Strong year-over-year growth expected to continue in first quarter, with core sales of $3.5 billion to $3.7 billion and core EPS of $0.48 to $0.53; Company expects approximately $15 billion in 2022 sales and to improve profitability as negotiated price increases in long-term contracts take effect throughout the year

Corning Reports Fourth-Quarter and Full-Year 2021 Financial Results

West Pharmaceutical Services

EXTON, Pa., Jan. 25, 2022 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced an exclusive supply and technology agreement with Corning Incorporated (NYSE: GLW). The new collaboration includes a multimillion-dollar investment to expand Corning's Valor® Glass technology to enable advanced injectable drug packaging and delivery systems for the pharmaceutical industry with the goal of advancing patient safety and expanding access to life-saving treatments.

West Announces Landmark Collaboration with Corning in Pharmaceutical Injectable Drug Delivery

2.0 high-index glass allows users to see more through AR wearables by creating larger, clearer images paired with lighter, sleeker device designs 2.0 high-index glass allows users to see more through AR wearables by creating larger, clearer images paired with lighter, sleeker device designs

Corning Expands High-Index Glass Portfolio to Help Accelerate Mass Adoption of Augmented Reality Technology

Corning's (GLW) performance in the fourth quarter of 2021 is likely to have been primarily driven by growth in the Optical Communications business.

Will Higher Revenues Drive Corning's (GLW) Q4 Earnings?

Jabil

QUALCOMM

Qorvo

Skyworks Solutions

Our theme of Apple Component Supplier Stocks – which includes a diverse set of companies that supply components for Apple's iPhones and other iDevices, has remained roughly flat year-to-date in 2022, compared to the broader S&P 500 which remains down by about -4%.

Will Apple Supplier Stocks Do Better In 2022?

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.

Earnings Preview: Corning (GLW) Q4 Earnings Expected to Decline

Big Lots

Commercial Vehicle Group

BIG, CVGI, and GLW have been added to the Zacks Rank #5 (Strong Sell) List on January 14, 2022

New Strong Sell Stocks for January 14th

Corning's non-GAAP earnings have been flat over the last several years. Non-GAAP earnings have been far above GAAP earnings due to exclusion of restructuring and other non-routine costs.

Corning: Non-GAAP And Balance Sheet Woes Might Be Ended

Corning (GLW) launches a new variety of vials in addition to its existing capacity to boost production rates at its Durham facility.

Corning (GLW) Accelerates Vial Manufacturing at Durham Facility

In the latest trading session, Corning (GLW) closed at $36.10, marking a -1.61% move from the previous day.

Corning (GLW) Dips More Than Broader Markets: What You Should Know

Corning supplies essential products that enable modern telecommunications and technologies. Its optical fiber business is firing on all cylinders and is in the early innings of a long growth runway.

Corning Has It All: Value, Growth, And Dividend Growth

Corning (GLW) closed the most recent trading day at $36.78, moving -0.41% from the previous trading session.

Corning (GLW) Stock Moves -0.41%: What You Should Know

Company thanks retiring CFO Tony Tripeny for 36 years of service Company thanks retiring CFO Tony Tripeny for 36 years of service

Corning Appoints Edward Schlesinger Chief Financial Officer

Corning (GLW) closed the most recent trading day at $38.32, moving +0.24% from the previous trading session.

Corning (GLW) Gains But Lags Market: What You Should Know

In the latest trading session, Corning (GLW) closed at $37.53, marking a +1.85% move from the previous day.

Corning (GLW) Outpaces Stock Market Gains: What You Should Know

Corning Incorporated (GLW) Management Presents at Credit Suisse 25th Annual Technology Conference (Transcript)

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

Why Is Corning (GLW) Up 10.3% Since Last Earnings Report?

Corning Velocity® Vials to help speed delivery of COVID-19 vaccines, enabling increased manufacturing efficiency of 20% to 50% and improved fill-finish quality Corning Velocity® Vials to help speed delivery of COVID-19 vaccines, enabling increased manufacturing efficiency of 20% to 50% and improved fill-finish quality

Corning Accelerates Delivery of Life-Saving Treatments and Critical Drugs with Expanded Pharmaceutical Glass Packaging Portfolio

Akamai Technologies

LM Ericsson Telefon

Infinera

Sabre

Smart Money looks at the macro trends in the investing world. Here are five stocks focused on the big picture that you need to watch.

Top Five Tech Stocks for 2022

Corning Incorporated (GLW) CEO Wendell Weeks on Q3 2021 Results - Earnings Call Transcript

Corning's (GLW) third-quarter 2021 results reflect strong growth in the Optical Communications business.

Corning (GLW) Q3 Earnings Lag Estimates on Global Disruptions

Corning Inc. GLW, +0.99% on Tuesday reported a 13% drop in net income to $371 million, or 43 cents a share, from $427 million, or 48 cents a share, in the year-ago quarter. Adjusted profit rose to 56 cents a share from 43 cents a share.

Corning net income drops 13%, shares fall

Core sales and EPS grew 21% and 30% year over year, respectively, with free cash flow of $0.5 billion; Announcements with AT&T, Jeep, PPG, and Samsung highlight Corning's contributions to significant industry advancements; Company on track to reach $14 billion in sales and over $2 in EPS for 2021; Sales and EPS growth with strong cash generation expected to continue in 2022 Core sales and EPS grew 21% and 30% year over year, respectively, with free cash flow of $0.5 billion; Announcements with AT&T, Jeep, PPG, and Samsung highlight Corning's contributions to significant industry advancements; Company on track to reach $14 billion in sales and over $2 in EPS for 2021; Sales and EPS growth with strong cash generation expected to continue in 2022

Corning Reports Third-Quarter 2021 Results as Sales Reach All-Time High

Corning is scheduled to report its Q3 2021 results on Tuesday, October 26. We expect Corning to likely post revenue and earnings largely in-line with the street expectations.

What To Expect From Corning's Quarter?

Corning's (GLW) performance in the third quarter of 2021 is likely to have benefited from positive momentum across all five business segments.

News for Corning Stock (GLW)