---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013839"
form_type: "8-K"
ticker: "GLW"
cik: "0000024741"
company_name: "CORNING INC /NY"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:53:24.526494+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Corning Q1 core EPS $0.38, core sales $3.26B; guides Q2 core EPS $0.42-$0.46

## Summary
- GAAP sales $2.98B, core sales $3.26B (down 6% and 3% YoY).
- GAAP gross margin +180 bps YoY; core gross margin +160 bps YoY.
- GAAP EPS $0.24, core EPS $0.38 (vs $0.41 year ago).
- Adjusted free cash flow improved >$300M YoY to -$62M; operating cash flow $96M.
- Management expects Q2 core sales ~$3.4B and core EPS $0.42-$0.46.

## SEC filing metadata
- accession: 0001437749-24-013839
- form_type: 8-K
- ticker: GLW
- cik: 0000024741
- company_name: CORNING INC /NY
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/24741/000143774924013839/0001437749-24-013839-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24741/000143774924013839/glw20231130_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013839
- JSON: https://secwatch.observer/filing/0001437749-24-013839.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013839.txt

## Key facts
- Earnings Releases
  CORNING INC /NY reported first quarter ended March 31, 2024 results: revenue $2.98 billion, EPS $0.24.
  - Period: first quarter ended March 31, 2024
  - Revenue: $2.98 billion
  - EPS: $0.24
  - Result: reported results
  source text: we are poised to deliver powerful incremental profit and cash flow and generate substantial shareholder value.” First-Quarter 2024 Financial Highlights: ● GAAP sales were $2.98 billion. Core sales were $3.26 billion. Year over year, GAAP and core sales declined by 6% and 3%, respectively. ● Profitability improved despite the lower sales, reflecting the
  evidence_url: https://www.sec.gov/Archives/edgar/data/24741/000143774924013839/0001437749-24-013839-index.htm

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