Corning Incorporated (ETR: GLW)

Germany flag Germany · Delayed Price · Currency is EUR
44.30
-1.24 (-2.71%)
Dec 20, 2024, 1:02 PM CET
60.97%
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]

Sector Technology
Founded 1851
Employees 49,800
Stock Exchange Deutsche Börse Xetra
Ticker Symbol GLW
Full Company Profile

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 Statements

News

4 Dividend Picks For 2025: JPMorgan's Top Income Stocks To Energize Your Portfolio

Looking for steady cash flow in 2025? JPMorgan analysts have spotlighted four income-generating stock picks that offer dividend appeal and potential price upside. These are: Annaly Capital Management ...

1 day ago - Benzinga

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...

5 days ago - Benzinga

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...

5 days ago - Benzinga

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...

9 days ago - Benzinga

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.

15 days ago - Fortune

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...

26 days ago - The Verge

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...

26 days ago - TechCrunch

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.

26 days ago - Fortune

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...

26 days ago - Reuters

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.

26 days ago - BNN Bloomberg

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.

6 weeks ago - Seeking Alpha

Corning (GLW) Under Antitrust Investigation by EU Over Exclusive Supply Agreements

Corning (GLW) Under Antitrust Investigation by EU Over Exclusive Supply Agreements

6 weeks ago - GuruFocus

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...

6 weeks ago - TechCrunch

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...

6 weeks ago - The Verge

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.

6 weeks ago - BNN Bloomberg

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...

6 weeks ago - Benzinga

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)

7 weeks ago - GuruFocus

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)

7 weeks ago - GuruFocus

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...

7 weeks ago - Seeking Alpha

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.

7 weeks ago - CNBC

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Reuters