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

Material science firm Corning (NYSE: GLW ) stock jumped after it raised second-quarter guidance. The maker of fiber optic cabling is now considered an artificial intelligence (AI) play.

Corning (GLW) Stock Shimmers After Earnings. How Did It Become the Next AI Play?

Corning (GLW) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Corning (GLW) Moves 12.0% Higher: Will This Strength Last?

Ritholtz Wealth Management's Josh Brown is already up nearly 20% on his Corning Incorporated GLW investment from last month. Although he's sitting on significant gains over a very short period of time, he's not selling as he continues to believe the stock is a misunderstood AI beneficiary.

The Cat's Out Of The Bag: Corning Stock Is Up Nearly 20% Just Weeks After Josh Brown Flagged It As 'Low-Key, Misunderstood' AI Play

Intel

Super Micro Computer

Corning and Super Micro were the S&P 500 index's top performers on Monday, while Chipotle was the biggest loser.

Three AI Plays Led S&P 500 Stocks Monday

Corning said it expects Q2 sales of $3.6 billion, up from previous guidance of $3.4 billion. Q2 earnings are also expected to mark a return to year-over-year growth.

Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment

Corning Inc (NYSE:GLW, ETR:GLW) climbed over 10% after the Gorilla Glass and optical fiber maker said that earnings and sales returned to growth in the last quarter, due to demand linked to the artificial intelligence trend.  Management now expects $3.3 billion of second-quarter core sales, compared with previous guidance of $3.4 billion, with this outperformance primarily driven by strong adoption of new optical fibre connectivity products for generative AI.

Corning jumps as AI data centre demand boosts return return to growth

Shares of Corning (GLW) soared Monday when the specialty glass maker boosted its guidance, citing rising demand for its products used in generative artificial intelligence (AI) applications.

Corning Stock Soars After Glass Maker Lifts Guidance on Generative AI Boost

Corning raised its second-quarter core sales forecast on Monday, driven by robust adoption of its new optical connectivity products for generative AI, sending the specialty glass maker's shares up more than 6% in premarket trading.

Corning raises second-quarter core sales forecast driven by AI boom

The speciality glassmaker is scheduled to file second-quarter earnings on July 30.

Corning Stock Pops on Raised Guidance Ahead of Earnings

Corning Inc.'s stock GLW, +0.05% rose7% early Monday, after the specialty glass maker raised its second-quarter sales and profit guidance after a strong performance for its new optical connectivity products for Generative AI. The Corning, N.Y.

Corning's stock soars 7% after company raises Q2 guidance to reflect AI bump

CORNING, N.Y.--(BUSINESS WIRE)---- $GLW #CorningIncorporated--Corning Incorporated (NYSE: GLW) today provided an update on expectations for its second-quarter 2024 results. The company now expects core sales of approximately $3.6 billion, compared with previous guidance of approximately $3.4 billion, with core EPS at the high end of or slightly above management's guided range of $0.42 to $0.46. Wendell Weeks, chairman and chief executive officer, said, “We expect second-quarter core sales to exceed our previous guidance and.

Corning Expects Second-Quarter Core Sales to Exceed Guidance, with Core EPS at the High End of or Slightly Above Guided Range

Advanced Micro Devices

NVIDIA

Last Thursday, AI stocks were rocked. Market leader Nvidia (NASDAQ: NVDA ) shed more than 3.5% of its value in a day.

Stop Sleeping on These 3 Tech Stocks With Insane AI Potential

Broadcom

Taiwan Semiconductor Manufacturing

Apple (NASDAQ: AAPL ) has been one of the most remarkable investment success stories in the tech world over the past couple of decades. Yet, despite its behemoth status, Apple's success is heavily reliant on a network of partners and suppliers.

AAPL Picking: 3 Stocks to Buy Because of Their Apple Partnerships

Ritholtz Wealth Management's Josh Brown identified an under-the-radar stock that he believes will play an essential role in the AI, data center buildout story.

Josh Brown: This 'Low-Key, Misunderstood' Stock Is Just 'Waiting To Be Discovered' As An AI Play

Apple

Costco

Deere & Company

Realty Income Corp

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5 Stocks to Buy and Hold Forever

QUALCOMM

Skyworks Solutions

As generative artificial intelligence (AI) works its way into our laptops, tablets, smartphones, watches and even lapel pins, we may very well have the “killer” new feature to convince consumers to upgrade their hardware. Whether new, capable “IntelliPhones” spark a red-hot supercycle (or a lukewarm refresh cycle) remains a big question on the minds of investors, specifically those hanging onto shares of Apple (NASDAQ: AAPL ).

3 Overlooked Stocks to Play an AI Phone Supercycle

Corning has been undervalued due to temporary headwinds and is climbing out of its trough. GLW is seeing increasing profitability and management is guiding for revenue growth over both the near and medium term. Growth catalysts include increased spending by telcos, EPA-driven demand for environmental technologies, and AI datacenter demand.

Corning: The Rally Is Just Getting Started

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

Corning (GLW) Up 6.2% Since Last Earnings Report: Can It Continue?

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Recursion Pharmaceuticals, Inc. RXRX is a “terrific spec” and he recommended buying the same.

Jim Cramer Offers His Take On Corning, Calls This Healthcare Stock A 'Terrific Spec' - Corning (NYSE:GLW)

Antero Midstream Partners

Flowers Foods

Northwest Natural Gas

AT&T

Vici Properties

York Water

Income and capital appreciation. It's a powerful combination for building a portfolio to carry you through retirement.

The Dividend Survival Kit: 7 Stocks Under $50 to Buy for Lifelong Income

CORNING, N.Y.--(BUSINESS WIRE)---- $GLW #CorningIncorporated--Corning Incorporated (NYSE: GLW) today announced that Wendell P. Weeks, chairman and chief executive officer, will participate in a fireside chat at the J.P. Morgan 52nd Global Technology, Media and Communications Conference in Boston today. During the discussion, Weeks will review Corning's value-creation approach, which is centered on the company's focused and cohesive portfolio of capabilities. He will also outline Corning's framework to add more than $3 billi.

Corning to Participate in J.P. Morgan 52nd Global Technology, Media and Communications Conference

Corning Corning (NYSE: GLW) recently reported its Q1 results, with revenues and earnings exceeding our estimates. The company reported core revenue of 3.3 billion, down 3% y-o-y but above our $3.1 billion estimate.

What's Next For Corning Stock After An Upbeat Q1?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Corning (GLW) is a Top Momentum Stock for the Long-Term

Corning Incorporated (NYSE:GLW ) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Ann Nicholson - VP of IR Wendell Weeks - Chairman & CEO Ed Schlesinger - EVP & CFO Conference Call Participants Wamsi Mohan - Bank of America Meta Marshall - Morgan Stanley Martin Yang - Oppenheimer Samik Chatterjee - JPMorgan Tim Long - Barclays Asiya Merchant - Citi Joshua Spector - UBS Steven Fox - Fox Advisors George Notter - Jefferies Operator Welcome to the Corning Incorporated Quarter One 2024 Earnings Call. [Operator Instructions] It is my pleasure to introduce to you, Ann Nicholson, Vice President of Investor Relations.

Corning Incorporated (GLW) Q1 2024 Earnings Call Transcript

Despite signs of recovery in several end markets, lower demand stemming from inventory corrections in the Optical Communications and Life Sciences vertical impedes Corning's (GLW) top line.

News for Corning Stock (GLW)