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) delivered earnings and revenue surprises of 127.27% and 8.77%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Corning (GLW) Q2 Earnings and Revenues Beat Estimates

Strong sequential growth in sales, EPS, and free cash flow; Execution of business strategy drives resilient performance, counteracting end-market challenges; Company implemented adjusted operating plan and took actions to protect financial strength Strong sequential growth in sales, EPS, and free cash flow; Execution of business strategy drives resilient performance, counteracting end-market challenges; Company implemented adjusted operating plan and took actions to protect financial strength

Corning Reports Second-Quarter 2020 Results

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

Why Corning (GLW) Might Surprise This Earnings Season

Corning's (GLW) second-quarter performance is likely to have been impaired by economic uncertainties stemming from the COVID-19 crisis.

What's in Store for Corning (GLW) This Earnings Season?

Gorilla Glass Victus significantly improves both drop and scratch performance for the first time ever in the Gorilla Glass family, addressing consumer demand for improved durability Gorilla Glass Victus significantly improves both drop and scratch performance for the first time ever in the Gorilla Glass family, addressing consumer demand for improved durability

Corning Introduces Corning® Gorilla® Glass Victus™, The Toughest Gorilla Glass Yet, For Mobile Consumer Electronics

Corning (GLW) partners with EnerSys to simplify 5G deployment by bringing together the delivery of optical connectivity and power distribution.

Corning Partners With EnerSys to Accelerate 5G Deployment

Work will focus on faster, less costly delivery of power and fiber to small-cell sites Work will focus on faster, less costly delivery of power and fiber to small-cell sites

Corning and EnerSys Announce Collaboration to Help Speed 5G Deployment

Apple

Best Buy

If there has been one story within the explosive growth of technology in the past two decades that could stand some improvement, glass probably takes the cake.

What Is Great for Corning Looks Even Better for Apple and Best Buy

Acacia Communications

Arista Networks

Turtle Beach

Ooma

Communication Components Industry Outlook Appears Promising

In addition to corporate social responsibilities, the federal funds are likely to help Corning (GLW) strengthen its position as a leading packaging provider in the healthcare segment.

Corning Secures Federal Funds to Boost Glass Vial Capacity

Corning Inc  said on Tuesday it would receive $204 million from the U.S. government to boost the manufacturing capacity of its glass vials after the company was selected as a packaging provider for COVID-19 vaccines and treatments.

Corning wins U.S. funding to boost glass vial manufacturing for COVID-19 therapies

Corning to receive $204M in funding to substantially expand domestic manufacturing capacity under White House’s Operation Warp Speed Initiative Corning to receive $204M in funding to substantially expand domestic manufacturing capacity under White House’s Operation Warp Speed Initiative

U.S. Departments of Defense, Health & Human Services select Corning Valor® Glass packaging to accelerate delivery of COVID-19 vaccines

Corning, best known for its gorilla glass, display panel, and optical fiber, has seen its stock fall more than 23% year-to-date, as the coronavirus pandemic is expected to have a meaningful impact on its businesses. Corning’s stock also remains down by about 23% from levels seen in early 2018.

Is Corning A Good Buying Opportunity After A 23% Correction?

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

Why Is Corning (GLW) Up 3.8% Since Last Earnings Report?

Pfizer

CORNING, NY, May  28, 2020  (GLOBE NEWSWIRE) --  ﻿ ﻿Corning Incorporated (NYSE: GLW) and  Pfizer Inc . (NYSE: PFE) today announced the execution of a long-term purchase and supply agreement for  Corning Valor  ®   Glass .

Corning and Pfizer Announce Supply Agreement for Corning Valor® Glass Packaging

Corning Set To Break Out Of Its Range

Corning Inc. GLW, -0.62% said Wednesday its chief executive will take a 40% cut in base salary as the specialty glass company moves to combat the effect of the coronavirus pandemic.

Corning to cut executive and other worker pay during pandemic in return for equity

Corning’s (NYSE: GLW) Optical Communications segment has seen revenues grow from $3.6 billion in 2017 to $4.1 billion in 2019. Why is this important?

Optical Communications Segment To Account For Half of Corning’s 2020 Sales Decline?

Orion Engineered Carbons S.A. (OEC) CEO Corning Painter on Q1 2020 Results - Earnings Call Transcript

CORNING, NY, May  01, 2020  (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Corning Incorporated (NYSE: GLW), please note that the dateline for the release was incorrectly noted, due to a system error.  The correct release follows.

Correction - Corning Announces Quarterly Dividend

Despite a 22% decline in Corning’s (NYSE: GLW) stock since the beginning of the year, at the current price of around $22, Corning’s stock could see a significant downside, due to the impact of the coronavirus crisis. Corning stock has underperformed the broader markets between 2017 and now.

25% Downside For Corning Stock?

Corning: Left Behind From The Rally, Present And Past

Owens Corning

Owens Corning (OC) CEO Brian Chambers on Q1 2020 Results - Earnings Call Transcript

Owens-Corning (NYSE: OC) shares are trading higher on Wednesday, after the company reported better-than-expected first-quarter EPS results.

Why Owens-Corning's Stock Is Trading Higher Today

Corning Inc. (GLW) CEO Wendell Weeks on Q1 2020 Results - Earnings Call Transcript

News for Corning Stock (GLW)