---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020585"
form_type: "8-K"
ticker: "GLW"
cik: "0000024741"
company_name: "CORNING INC /NY"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:26:21.346707+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Corning Q2 core EPS $0.45, core sales $3.48B; guides Q3 core sales ~$3.5B

## Summary
- GAAP EPS $0.33 (up 65% seq); core EPS $0.45 (up 10% seq); core gross margin 36.2% (up 100 bps seq).
- Core sales $3.48B, up 3% seq but down 7% YoY; management cites weak end-market environment.
- Q3 outlook: core sales ~$3.5B, core EPS about same or slightly better than Q2.
- Free cash flow improved to $310M in Q2; sequential margin expansion reflects pricing and productivity actions.

## SEC filing metadata
- accession: 0001437749-23-020585
- form_type: 8-K
- ticker: GLW
- cik: 0000024741
- company_name: CORNING INC /NY
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24741/000143774923020585/0001437749-23-020585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24741/000143774923020585/glw20230506_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020585
- JSON: https://secwatch.observer/filing/0001437749-23-020585.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020585.txt

## Key facts
- Earnings Releases
  CORNING INC /NY reported third quarter 2023 results: revenue approximately $3.5 billion. Guidance initiated.
  - Period: third quarter 2023
  - Revenue: approximately $3.5 billion
  - Guidance: initiated
  - Result: guidance update
  source text: In the third quarter, management expects core sales of approximately $3.5 billion and core EPS to be about the same or slightly better than in the second quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/24741/000143774923020585/0001437749-23-020585-index.htm
- Earnings Releases
  CORNING INC /NY reported second quarter ended June 30, 2023 results: revenue $3.5 billion, net income $388, EPS $0.45.
  - Period: second quarter ended June 30, 2023
  - Revenue: $3.5 billion
  - Net income: $388
  - EPS: $0.45
  - Result: reported results
  source text: ● Second-quarter GAAP sales were $3.2 billion, up 2% sequentially. Core sales were $3.5 billion, up 3% sequentially, driven by Display Technologies. GAAP and core sales were down year over year, reflecting continued lower demand in several markets. ● Second-quarter GAAP EPS was $0.33, up 65% sequentially. Core EPS of $0.45 increased $0.04, or 10%, from the prior quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/24741/000143774923020585/0001437749-23-020585-index.htm

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