---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-023825"
form_type: "8-K"
ticker: "GLW"
cik: "0000024741"
company_name: "CORNING INC /NY"
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:28:26.956608+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Corning Q2 core EPS $0.47 beats guidance; Lumen deal for AI fiber capacity

## Summary
- Core sales $3.60B (+4% YoY), core EPS $0.47 (+4% YoY), both above April guidance.
- GAAP sales $3.25B, GAAP EPS $0.12; core gross margin 37.9% (+170bps YoY).
- Q3 outlook: core sales ~$3.7B, core EPS $0.50-$0.54, signaling faster EPS growth.
- Agreement with Lumen Technologies to reserve 10% of Corning's global fiber capacity for 2 years for AI data centers.
- Springboard plan targets >$3B annualized sales growth over 3 years; share buybacks resumed in Q2.

## SEC filing metadata
- accession: 0001437749-24-023825
- form_type: 8-K
- ticker: GLW
- cik: 0000024741
- company_name: CORNING INC /NY
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24741/000143774924023825/0001437749-24-023825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24741/000143774924023825/glw20240513_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-023825
- JSON: https://secwatch.observer/filing/0001437749-24-023825.json
- Plain text: https://secwatch.observer/filing/0001437749-24-023825.txt

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