Welcome to our dedicated page for Corning news (Ticker: GLW), a resource for investors and traders seeking the latest updates and insights on Corning stock.
Corning Incorporated (NYSE: GLW) is a global materials science leader driving innovations in specialty glass, optical fiber, and advanced ceramics. This news hub provides investors and industry professionals with comprehensive access to official press releases and verified updates about the company's technological breakthroughs and market strategies.
Track Corning's latest developments across core sectors including display technologies, telecommunications infrastructure, life science solutions, and automotive innovations. Our curated feed features earnings announcements, strategic partnership details, R&D milestones, and operational updates directly from the company.
Key content categories include quarterly financial results, new product commercialization efforts, manufacturing expansions, and sustainability initiatives. All materials are sourced from official Corning communications to ensure accuracy and timeliness.
Bookmark this page for convenient access to critical information about GLW's market position, technological advancements, and corporate developments. Check regularly for updates that could impact your understanding of Corning's role in enabling next-generation technologies across multiple industries.
Corning (NYSE: GLW) will present at the Citi 2020 Global Technology Conference on September 9, 2020. CFO Tony Tripeny and Chief Strategy Officer Jeff Evenson will discuss the company’s expected third-quarter performance, predicting sales growth in the low-teens percentage range sequentially, surpassing analyst expectations. Profitability is set to grow faster than sales due to effective cost control measures, with positive free cash flow anticipated for the year. Tripeny highlighted sustained positive momentum and a robust outlook for Corning's growth drivers.
Corning Incorporated (NYSE: GLW) reported Q2 results with GAAP sales at $2.6 billion, a 7% increase from Q1. Core EPS rose 25% sequentially to $0.25, while GAAP EPS was $(0.13). Net income improved to $218 million, up 23%. Free cash flow reached $285 million, indicating strong financial management. Highlights include a long-term supply agreement for Valor Glass vials and the launch of Gorilla Glass Victus. Despite challenges in Environmental Technologies, overall financial strength remains, with expectations for sales growth in Q3.
Corning Incorporated (NYSE: GLW) has launched Gorilla Glass Victus, a revolutionary glass technology enhancing drop and scratch performance for mobile devices. This innovation builds on over a decade of expertise, offering up to 2 meters of drop resistance and 4x better scratch resistance compared to competitors' products. Consumer research underscores that durability significantly influences purchasing decisions in key markets like China, India, and the United States. Samsung is set to be the first to adopt this new glass technology.
Corning, NY, July 15, 2020 - Corning declared a quarterly dividend of $0.22 per share on its common stock, payable on Sept. 30, 2020, to shareholders on record as of Aug. 28, 2020. The company highlights ongoing risks related to the COVID-19 pandemic, which may impact demand and operations, alongside various other uncertainties including tariffs, currency fluctuations, and competitive pressures. Corning emphasizes its commitment to innovation and strategic investment to navigate these challenges while maintaining shareholder returns.
Corning (GLW) and EnerSys (ENS) announced a strategic collaboration to accelerate 5G deployment by simplifying fiber and electrical power delivery to small-cell sites. The partnership aims to address infrastructure challenges impacting the deployment of outdoor small cells by improving power accessibility and fiber connectivity. This collaboration is expected to enhance operational efficiency, lower installation costs, and expedite service availability, positioning Corning to leverage 5G as a key growth driver in its Optical Communications business.
CORNING, NY, June 09, 2020 – Corning (GLW) announced a $204 million agreement with BARDA to enhance the production of Valor Glass vials for COVID-19 vaccines and treatments. This funding will enable Corning to expand manufacturing capacity in its facilities across New York, North Carolina, and New Jersey, addressing supply chain challenges in the pharmaceutical industry. CEO Wendell P. Weeks emphasized the significance of Valor Glass in ensuring high-quality pharmaceutical packaging, which is crucial for timely vaccine and drug delivery during the pandemic.
Corning Incorporated (NYSE: GLW) and Pfizer Inc. (NYSE: PFE) announced a long-term agreement for the supply of Corning Valor Glass vials for Pfizer's drug products, pending regulatory approval. The collaboration aims to enhance pharmaceutical packaging quality and efficiency, with Valor Glass designed to resist breakage and contamination. It has been provisionally evaluated by the FDA. Both companies believe this partnership will improve biopharmaceutical product quality across the industry.
