---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-24-000907"
form_type: "8-K"
ticker: "GLW"
cik: "0000024741"
company_name: "CORNING INC /NY"
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:46:32.713710+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Corning targets 20% operating margin by end 2026; Display price hikes, Q3 guidance reaffirmed

## Summary
- Springboard plan targets >$3B in annualized sales by 2026 with operating margin of 20% by end 2026.
- Display Technologies segment: price increases implemented; net income of $900M-$950M expected in 2025 with 25% net income margin.
- Optical Communications Enterprise sales expected >40% YoY growth in Q3 2024, driven by generative AI products.
- Q3 2024 guidance reaffirmed: core sales of $3.7B and core EPS of $0.50-$0.54.
- Showcased new optical products for AI data centers, including first outside-plant deployment with Lumen.

## SEC filing metadata
- accession: 0001206774-24-000907
- form_type: 8-K
- ticker: GLW
- cik: 0000024741
- company_name: CORNING INC /NY
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24741/000120677424000907/0001206774-24-000907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24741/000120677424000907/glw4381481-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-24-000907
- JSON: https://secwatch.observer/filing/0001206774-24-000907.json
- Plain text: https://secwatch.observer/filing/0001206774-24-000907.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.