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

Verizon

Weyerhaeuser

CF Industries Holdings

Chesapeake Energy

Extra Space Storage

Union Pacific

Now is an excellent time to research the top blue-chip stocks to buy for the long haul. It's safe to say that investors are stuck in a market that shows little conviction.

7 Blue-Chip Stocks to Buy at an All-Time Low in May

Cisco Systems

Dell Technologies

Juniper Networks

Seagate Technology Holdings PLC

Texas Instruments

So far, this year has been a big improvement over 2022, and investors can thank big technology stocks for the huge turnaround.

2023 Stock Market Gains Are Tech Driven: Take Profits Now and Move to Legacy Dividend Tech Stocks

Agilent Technologies

Amphenol

Danaher

Keysight

QUALCOMM

Waters

Jefferies analyst Desh Peramunetilleke says cheap stocks set to benefit from China's rebound include Keysight, Qualcomm, Agilent, Danaher, and Corning.

China-Exposed Stocks Have Rallied, but Bargains Still Exist, Says Analyst

Analog Devices

Ally Financial

American Tower

Amazon

Broadcom

Boston Omaha

Carrier Global

Cogent Communications Holdings

Comcast

CVS Health

Digital Realty Trust

Enterprise Products Partners

Essential Properties Realty Trust Inc

Fidelity National Financial

General Motors

Home Depot

Lockheed Martin

MPLX

Medical Properties Trust

Microsoft

Realty Income Corp

Starbucks

Schwab US Dividend Equity ETF

Dividends received in March totaled $485.60. Forward dividend income grew by $75.55, translating to M/M growth of 1.28%.

My Dividend Growth Income - April 2023 Update

Canadian Imperial Bank of Commerce

Morgan Stanley

PNC Financial Services

Pioneer Natural Resources

State Street

Truist Financial

Unilever

I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The annualized rate of return for this watchlist is 14.50% over the past 30 months.

My Top 10 High Yield Dividend Stocks For May 2023

Arista Networks

TESSCO Technologies

Increased fiber densification and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, GLW and TESS are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks Likely to Transcend Industry Headwinds

Corning: I'm Buying The Drop

Corning (GLW) reported lower revenues year over year in the first quarter 2023 due to low demand in multiple key markets and weakness in China.

Corning (GLW) Beats on Q1 Earnings Despite Lower Revenues

Corning, Inc. (GLW) Q1 2023 Earnings Call Transcript.

Corning, Inc. (GLW) Q1 2023 Earnings Call Transcript

Although the revenue and EPS for Corning (GLW) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Corning (GLW) Reports Q1 Earnings: What Key Metrics Have to Say

Corning (GLW) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.54 per share a year ago.

Corning (GLW) Q1 Earnings and Revenues Beat Estimates

Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a demand slowdown.

Apple supplier Corning rides on price hikes to beat profit estimates

First-quarter sales and EPS were as expected, reflecting the impact of anticipated recession-level demand in several key markets and overall weakness in China; Pricing and productivity-improvement actions drove sequential increases in both gross and operating margin percentages despite lower sales; Display Technologies' volume increased late in the quarter as conditions improved and panel maker utilization resumed its recovery; Management expects second-quarter improvement in sales, profitability, and cash flow, with core sales in the range of $3.4 billion to $3.6 billion and core EPS in the range of $0.42 to $0.49 First-quarter sales and EPS were as expected, reflecting the impact of anticipated recession-level demand in several key markets and overall weakness in China; Pricing and productivity-improvement actions drove sequential increases in both gross and operating margin percentages despite lower sales; Display Technologies' volume increased late in the quarter as conditions improved and panel maker utilization resumed its recovery; Management expects second-quarter improvement in sales, profitability, and cash flow, with core sales in the range of $3.4 billion to $3.6 billion and core EPS in the range of $0.42 to $0.49

Corning Reports First-Quarter 2023 Financial Results

T-Mobile US

LM Ericsson Telefon

Nokia

As we march forward toward a hyperconnected future, the importance of 5G stocks is becoming increasingly evident. 5G, the fifth generation of cellular network technology, will likely revolutionize communication, offering stronger speeds, more reliable connections, and a myriad of opportunities for innovation.

The 7 Best 5G Stocks to Buy for the Next Decade

Align Technology

General Electric

Kimberly-Clark

Raytheon Technologies

We have narrowed our search to five U.S. corporate bigwigs that are set to report first-quarter 2023 earnings results next week. These are: GE, KMB, GLW, RTX and ALGN.

5 U.S. Corporate Bigwigs Set to Beat on Q1 Earnings Next Week

Corning is likely to have witnessed a revenue contraction year over year owing to macroeconomic uncertainty. However, the launch of innovative products is likely to cushion the top line.

Will Top-Line Contraction Affect Corning's (GLW) Q1 Earnings?

Corning (GLW) possesses 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) Expected to Beat Earnings Estimates: Should You Buy?

Eastman Chemical

A screen looking for growth in high-yielding dividend stocks turned up 3 interesting names. These blue-chip stocks trade for less than 20X their earnings outlook, have at least a 5% expected earnings CAGR for the next 2 years and pay more than 3.0%.

High-Growth, High-Yield Value Stocks Nearing Trigger Points

Best Buy

Dividends received in March totaled $644.63, a new personal record. Forward dividend income grew by $130, translating to M/M growth of 2.27%.

My Dividend Growth Income - March 2023 Update

ONEOK

Exxon Mobil

I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The annualized rate of return for this watchlist is 14.14% over the past 29 months.

My Top 10 High Yield Dividend Stocks For April 2023

AbCellera Biologics

Most readers follow my work for the extensive writing I have done referencing my aggressive growth portfolio. However, the vast majority of my net worth is held in my all-weather portfolio. In this article, I would like to draw back the curtain on my main, all-weather portfolio, where roughly 80% of my assets reside.

Confounded's Complete All-Weather Portfolio Revealed

News for Corning Stock (GLW)