Corning Incorporated (ETR: GLW)
Market Cap | 38.89B |
Revenue (ttm) | 11.31B |
Net Income (ttm) | 139.87M |
Shares Out | n/a |
EPS (ttm) | 0.16 |
PE Ratio | 278.02 |
Forward PE | n/a |
Dividend | 1.03 (2.27%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 124 |
Open | 44.39 |
Previous Close | 45.54 |
Day's Range | 44.30 - 44.39 |
52-Week Range | 27.37 - 47.67 |
Beta | 1.06 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 29, 2025 |
About Corning
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company’s Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and e... [Read more]
Financial Performance
In 2023, Corning's revenue was $12.59 billion, a decrease of -11.28% compared to the previous year's $14.19 billion. Earnings were $581.00 million, a decrease of -55.85%.
Financial numbers in USD Financial StatementsNews
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Dell, Corning, Coherent: JPMorgan's Top Picks For Cyclical Recovery 'Beyond AI'
As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and indu...
Insider Unloading: Stefan Becker Sells $708K Worth Of Corning Shares
Disclosed on December 11, Stefan Becker , SVP at Corning (NYSE: GLW), executed a substantial insider sell as per the latest SEC filing. What Happened: Becker's recent Form 4 filing with the U.S. Secu...
How Corning is ushering in the AI revolution
Under CEO Wendell Weeks, the company's next-generation fiber optic cables are powering data centers for tech giants like Microsoft.
Corning offers Gorilla Glass concessions to settle EU’s antitrust case
Gorilla Glass is used in many of the most popular smartphone offerings, such as the Samsung Galaxy S23 (pictured). | Photo by Allison Johnson / The Verge Gorilla Glass producer Corning has proposed se...
Corning offers bundle of commitments in bid to settle EU antitrust probe
After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla Glass maker has offered a raft of changes to it...
Apple’s Cook joins CEO summit with China premier as economy sags
Cook, who’s visiting China for at least the third time this year, joined top executives of firms including Rio Tinto, Corning and Charoen Pokphand Group.
Apple supplier Corning offers to waive exclusive deals in EU antitrust probe
The European Commission on Monday said U.S. maker of break resisting glass Corning had offered to waive all exclusive deals with mobile phone manufactures to address concerns over possible anticompeti...
Corning Bids to Settle EU’s ‘Gorilla Glass’ Antitrust Case
Corning Inc. offered a slate of commitments in a bid to settle an European Union antitrust probe over alleged exclusive deals for its break-resistant “Gorilla Glass” in smartphone screens.
Corning set to receive $32M under CHIPS as program surpasses $36B
Corning was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain. Read more here.
Corning (GLW) Under Antitrust Investigation by EU Over Exclusive Supply Agreements
Corning (GLW) Under Antitrust Investigation by EU Over Exclusive Supply Agreements
Corning under probe by EU over mobile phone glass concerns
Corning, maker of toughened Gorilla Glass for phones, faces EU antitrust probe
On Wednesday, the European Union opened an investigation of U.S. manufacturer Corning over possible anti-competitive practices. Corning may not be a name that's super familiar to the average tech cons...
Corning’s Gorilla Glass under EU antitrust investigation
Photo: Allison Johnson / The Verge The European Commission has opened a formal investigation into Corning to determine whether it has broken antitrust rules with its dominant Gorilla Glass product. Co...
Corning Faces EU Probe Into Smartphone ‘Gorilla Glass’
Corning Inc. faces a European Union antitrust probe amid suspicions it abused its market dominance to squeeze out rival makers of break-resistant smartphone screens.
Is Marjorie Taylor Greene Betting On Trump Victory? Buys Apple, Meta, Tesla Stocks Ahead Of 2024 Election
Rep. Marjorie Taylor Greene (R-Ga.) disclosed a new round of trades that includes bets on billionaires Warren Buffett, Mark Zuckerberg and Elon Musk ahead of the 2024 presidential election. What Happe...
Insider Sale: President and COO Eric Musser Sells 74,640 Shares of Corning Inc (GLW)
Insider Sale: President and COO Eric Musser Sells 74,640 Shares of Corning Inc (GLW)
Insider Sale: Exec. Vice President and CFO Edward Schlesinger Sells 21,948 Shares of Corning ...
Insider Sale: Exec. Vice President and CFO Edward Schlesinger Sells 21,948 Shares of Corning Inc (GLW)
Corning's Comeback: From Forgotten Stock To AI Darling
Corning Incorporated's price has rallied over the past year, since my last bullish take on the stock. GLW recently reported robust Q3 results, and is seeing strong momentum around AI and data center-f...
Corning Q3: The Period Of Growth Is Finally Here
Corning CEO Wendell Weeks on Q3 results: Cyclical and secular trends are driving our growth
Corning CEO Wendell Weeks joins 'Squawk Box' to discuss the company's quarterly earnings results, the company's multi-year agreement with AT&T to expand fiber and cable networks, and more.
Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased
Corning's strong Q3 performance and bullish outlook suggest GLW stock may trade higher, attracting long-term investors. Corning's Optical Communications unit benefits from new optical-connectivity pro...
Corning Incorporated (GLW) Q3 2024 Earnings Call Transcript
Corning Incorporated (NYSE:GLW) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman and Chief...
Corning forecasts upbeat quarterly results on robust demand for optical fiber
Gorilla Glass maker Corning fourth-quarter profit forecast beat estimates on Tuesday, as rising consumption of data over networks, including for generative AI model training, continues to increase dem...