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Corning (GLW -2.73%), a leader in specialty glass and ceramics, announced its fourth-quarter results for 2024 on Jan. 29. Highlights included earnings per share (EPS) of $0.57, beating expectations by $0.01, and revenue of $3.87 billion, surpassing estimates of $3.76 billion.
Solid traction in several verticals and optical connectivity products for GenAI applications helped GLW beat fourth-quarter earnings estimates.
Corning (GLW) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.39 per share a year ago.
Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for artificial intelligence-related infrastructure.
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced its fourth-quarter and full-year 2024 results and provided its outlook for first-quarter 2025. Wendell P. Weeks, chairman and chief executive officer, said, “We had another outstanding quarter. We grew core sales 18% year over year to $3.9 billion and grew core EPS 46% to $0.57 while expanding core operating margin by 220 basis points to 18.5%. We also expanded core ROIC 390 basis points to 12.7%. Additionally, we.
We have narrowed our search to five corporate behemoths set to report earnings results this week. These are: CAH, LOGI, NOW, GLW, ADP.
GLW is expected to report revenue growth year over year in the fourth quarter of 2024, backed by healthy traction in several end markets.
Corning introduces state-of-the-art cover material, Corning Gorilla Armor 2, which offers impressive durability and display clarity for mobile devices.
Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) and Samsung Electronics Co., Ltd. today announced that the Galaxy S25 Ultra will feature Corning® Gorilla® Armor 2, the industry's first scratch-resistant, anti-reflective glass ceramic cover material for mobile devices. Samsung's Galaxy S25 Ultra devices showcase this revolutionary innovation on their front displays, marking an impressive milestone in mobile display technology. Gorilla Armor 2 is a landmark achievement in glass c.