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) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Corning (GLW) is Poised to Beat Earnings Estimates Again

The shares of Corning Incorporated (NYSE: GLW) have received a $45 price target from Deutsche Bank. These are the details.

GLW Stock: $45 Price Target From Deutsche Bank

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Buying The Dip: 27 High Quality Stocks Trading At A 20%+ Discount

Corning is in the middle of multiple long-term mega trends, which show no signs of abating. The company is a tech powerhouse, with a long road of growth ahead. Shares are now trading near 2018 levels, trading at a massive discount to the market, while the company appears to be firing on all cylinders.

Corning Gets No Respect And Is Unjustifiably Cheap

Investments in fiber network capacity and job creation to strengthen AT&T's position as a leading broadband provider Investments in fiber network capacity and job creation to strengthen AT&T's position as a leading broadband provider

Corning and AT&T Expand Collaboration as Corning Works to Meet Record Broadband Demand and Support Growth of U.S. Manufacturing

Corning operates a moat-worthy business and is seeing strong underlying performance. Management has a track record of delivering strong returns on capital, and the company has a number of growth catalysts ahead.

Corning: Prepare For Takeoff

Apple

American Tower

Nokia

The demand for 5G seems poised to grow going forward as the technology offers benefits like higher speeds and lower latency, making it prudent to look at stocks like Apple (AAPL), Corning (GLW) and Nokia (NOK).

5 Stocks Likely to Make the Most of the Booming Demand for 5G

Jabil

Qorvo

Our indicative theme on Apple Component Supplier Stocks – which includes a diverse set of companies that supply components for iPhones and other iDevices - is up by about 13% year-to-date, roughly in line with the returns for Apple stock, although the theme has underperformed the broader S&P 500.

Apple Is Poised For An Eventful September. Will Apple Suppliers Stocks Benefit Too?

Corning's (GLW) Everon mmWave indoor small-cell systems are likely to enable carriers address the exponential growth of 5G connectivity as people return to their work environment in the post-pandemic era.

Corning (GLW) Cellular Solutions to Power Indoor 5G Connectivity

Next-generation Everon™ mmWave solutions simplify deployment in small- and mid-sized venues, including offices, schools, and hospitals Next-generation Everon™ mmWave solutions simplify deployment in small- and mid-sized venues, including offices, schools, and hospitals

Corning's High-Performance Cellular Solutions to Enable Reliable 5G Connection Indoors

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iShares International Select Dividend ETF

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Starbucks

My Dividend Growth Portfolio July Update: $500K Across 32 Holdings, 3 Buys, And 2 Sells

The company reported sales of $3.5 billion, up 37% y-o-y, and it was slightly higher than our and consensus forecast of $3.4 billion.

Does Corning Stock Have More Upside?

Corning Incorporated (GLW) CEO Wendell Weeks on Q2 2021 Results - Earnings Call Transcript

Corning's (GLW) second-quarter 2021 results reflect strong sales growth at all five business segments.

Corning (GLW) Beats on Q2 Earnings, Expects Growth to Continue

Corning Inc (NYSE: GLW) reported second-quarter FY21 core sales growth of 35% year-on-year to $3.5 billion, surpassing the analyst consensus of $3.4 billion. Display Technologies sales grew 25% Y/Y to $939 million as it raised the glass substrate prices in Q2 and an additional moderate price increase for Q3.

Corning Beats On Q2 Earnings, Posts Strong Segmental Growth And Margin Expansion, Issues Q3 Guidance

Shares of Corning (NYSE:GLW) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 112.00% over the past year to $0.53, which beat the estimate of $0.51.

Corning: Q2 Earnings Insights

Second-quarter core sales of $3.5 billion grew 35% from Q2 2020 and 17% from Q2 2019; Core EPS grew 112% year over year to $0.53 on higher sales and expanded margins; Free cash flow of $471 million grew $186 million, or 65%, year over year Second-quarter core sales of $3.5 billion grew 35% from Q2 2020 and 17% from Q2 2019; Core EPS grew 112% year over year to $0.53 on higher sales and expanded margins; Free cash flow of $471 million grew $186 million, or 65%, year over year

Corning Reports Outstanding Second-Quarter 2021 Results, Expects Continued Growth in Third Quarter

New product category creates today's most immersive and connected driving experiences New product category creates today's most immersive and connected driving experiences

Corning Partners with Hyundai Mobis to Enable Augmented Reality Head-Up Display Systems

Will Corning (GLW) Beat Estimates Again in Its Next Earnings Report?

Corning (GLW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Corning (GLW) Ahead of Earnings?

Corning stock (NYSE: GLW) is scheduled to report its Q2 2021 results on Tuesday, July 27. We expect Corning to likely post revenue and earnings largely in-line with the street expectations.

What To Expect From Corning's Q2?

Corning's (GLW) performance in the second quarter of 2021 is likely to have benefited from strong demand and positive momentum across its businesses.

Will Higher Revenues Boost Corning's (GLW) Q2 Earnings?

New product category enables unparalleled camera optics for smartphones by allowing 98% light capture, creating higher-quality images and videos while maintaining Gorilla Glass toughness New product category enables unparalleled camera optics for smartphones by allowing 98% light capture, creating higher-quality images and videos while maintaining Gorilla Glass toughness

Corning Expands Corning® Gorilla® Glass Composite Products to Optimize Performance of Mobile Device Cameras

Cirrus Logic

Some Apple suppliers could be worth a second look with the group well off its recent highs, two traders say.

Apple suppliers sink as tech titan surges to fresh record high. Traders talk which are worth buying

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Companies with a quarter-century of dividend growth tend to get the most publicity amongst the dividend growth community. And for good reason, as the names making up the Dividend Aristocrats and Dividend Champions indexes have proven their ability to raise dividends through all portions of the economic cycle.

3 Dividend Contenders With Market-Beating Yields

News for Corning Stock (GLW)