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Corning Incorporated (GLW)

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31.27 +0.36    +1.16%
16:00:00 - Closed. Currency in USD ( Disclaimer )
After Hours
31.27
-0.00
-0.00%
16:20:00 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 2,586,760
  • Bid/Ask: 30.95 / 31.57
  • Day's Range: 30.91 - 31.39
Corning 31.27 +0.36 +1.16%

NYSE:GLW Financials

 
A brief overview of the NYSE:GLW financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Corning over time.

Corning Incorporated reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 2,994 million compared to USD 3,406 million a year ago. Net loss was USD 40 million compared to USD 36 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.04 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

GLW Income Statement

Gross margin TTM 33.48%
Operating margin TTM 10.52%
Net Profit margin TTM 4.62%
Return on Investment TTM 5.24%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 2994 3173 3243 3178
Gross Profit 1194 1004 1013 1003
Operating Income 492 225 278 296
Net Income -40 164 281 176

GLW Balance Sheet

Quick Ratio MRQ 0.78
Current Ratio MRQ 1.67
LT Debt to Equity MRQ 60.7%
Total Debt to Equity MRQ 73.45%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 28500 28278 28645 28822
Total Liabilities 16632 16534 16935 16615
Total Equity 11868 11744 11710 12207

GLW Cash Flow Statement

Cash Flow/Share TTM 2.35
Revenue/Share TTM 14.75
Operating Cash Flow  16.51%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 713 722 619 -49
Cash From Investing Activities -230 -255 -287 -228
Cash From Financing Activities -363 -356 84 -248
Net Change in Cash 140 101 392 -525
* In Millions of USD (except for per share items)
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GLW Comments

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Shivram Singh Shivram Singh
Shivram Singh Shivram Singh Nov 17, 2023 4:00AM ET
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don't talk if you don't have any good thing to say ..Read more
Otis Grant
Otis Grant Oct 24, 2023 7:15AM ET
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I should have known this turds ER leaked when it started randomly dropping to its lowest levels in years. Every other big company is beating left and right.
david Griffith
david Griffith Sep 22, 2022 12:34PM ET
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"looks like a reasonable value" if we are in normal market and there is obvious historical support just below. Problem is if thys is Bear market, this baby could hit 16 eventually. Look up what a Bull Trap Sell Signal is in point and figure analysis. that ocurred 8/30. If that signal is valid, look out below!
Otis Grant
Otis Grant Sep 22, 2022 12:34PM ET
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16 really?
Otis Grant
Otis Grant Sep 22, 2022 12:34PM ET
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Chart analysis gives off many false signals, which is why most technical analysts are not billionaires
Ryan Andrew
Ryan Andrew Apr 26, 2022 9:41PM ET
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Ready for the moon!
colin roberts
colin roberts Oct 27, 2021 12:58PM ET
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Buying this dip.
Perry Seng Monroe
Perry Seng Monroe Jun 18, 2021 10:42AM ET
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Buy Buy Buy.
colin roberts
colin roberts Jun 18, 2021 9:34AM ET
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Corning is on a fire sale. I'll just keep loading up. May be a good time to buy LEAPS.
colin roberts
colin roberts Jun 14, 2021 11:14AM ET
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Yep. Under $42 now. Good time to buy the dip.
Sai Mon
Sai Mon May 10, 2021 11:23AM ET
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Today, Apple is awarding $45 million from its Advanced Manufacturing Fund to Corning Incorporated, a supplier of precision glass for iPhone, Apple Watch, and iPad
colin roberts
colin roberts Apr 27, 2021 12:12PM ET
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This seems to be the cycle for GLW. Compare 2/8-3/4 with 4-7 to now. I'm guessing we hit below 44 and possibly down to $42. Excellent buy with infrastructure bill incoming.
 
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