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Corning Incorporated (GLW)

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48.36 +0.77    +1.62%
01/11 - Closed. Currency in USD
After Hours
48.36
-0.00
-0.00%
19:33:56 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 5,890,221
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 47.41 - 48.41
Corning 48.36 +0.77 +1.62%

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 third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 3,391 million compared to USD 3,173 million a year ago. Net loss was USD 117 million compared to net income of USD 164 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.19 a year ago. For the nine months, sales was USD 9,617 million compared to USD 9,594 million a year ago. Net income was USD 196 million compared to USD 621 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.72 a year ago.

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

GLW Income Statement

Gross margin TTM 33.87%
Operating margin TTM 9.29%
Net Profit margin TTM 1.24%
Return on Investment TTM 4.8%
 Total Revenue  Net Income
Period Ending: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Total Revenue 3391 3251 2975 2994
Gross Profit 1204 1090 993 1194
Operating Income 385 328 257 492
Net Income -117 104 209 -40

GLW Balance Sheet

Quick Ratio MRQ 0.78
Current Ratio MRQ 1.66
LT Debt to Equity MRQ 63.7%
Total Debt to Equity MRQ 66.72%
 Total Assets  Total Liabilities
Period Ending: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Total Assets 28322 27179 27618 28500
Total Liabilities 16855 16252 16059 16632
Total Equity 11467 10927 11559 11868

GLW Cash Flow Statement

Cash Flow/Share TTM 2.37
Revenue/Share TTM 14.74
Operating Cash Flow  15.07%
 Cash  Net Change in Cash
Period Ending: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 699 521 96 713
Cash From Investing Activities -199 -154 -184 -230
Cash From Financing Activities -332 -304 -308 -363
Net Change in Cash 194 54 -414 140
* In Millions of USD (except for per share items)
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GLW Comments

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jason xx
jason xx Jul 08, 2024 10:19AM ET
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It's good it's been down for me here and there but never a lot
Grid Bandit
Grid Bandit May 03, 2024 5:32PM ET
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Best company in USA and the World, everybody like Corning, good golly! We like Corning, they like Corning, never stop liking Corning, Let's Go Corning!
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.
 
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