Corning Q3 core EPS $0.54 (+20% YoY); Q4 core sales guide ~$3.75B

CORNING INC /NY

2024-Q3 EPS reported $0.23 revenue$9,617,000,000

Q3 core sales $3.73B (+8% YoY); core EPS $0.54 (+20% YoY); GAAP EPS $(0.14).
Optical Communications sales +36% YoY; Enterprise +55% YoY on gen AI optical connectivity products.
Display Technologies implemented price increases; expects 2025 segment net income $900M-$950M.
Q4 outlook: core sales ~$3.75B (+15% YoY), core EPS $0.53-$0.57 (+40% YoY).
Multi-year supply agreement >$1B with AT&T for next-gen fiber and connectivity solutions.

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