Corning (GLW) Tops Q1 EPS by 3c, Offers Guidance

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Go back to Corning (GLW) Tops Q1 EPS by 3c, Offers Guidance

Corning Announces Strong First-Quarter 2025 Financial Results(1) and Reiterates Confidence in Springboard Plan

April 29, 2025 7:10 AM EDT

Q1 results exceeded guidance, with core sales up 13% year over year to $3.7 billion and core EPS up 42% year over year to $0.54; core operating margin expanded 250 basis points year over year to 18%

Enterprise sales grew 106% on continued strong demand for new products for Gen AI, showing strong progress on 2023-2027 30% sales CAGR

Company is accelerating ramp of its U.S. advanced manufacturing assets to meet strong demand for U.S.-made solar products

For the second quarter, management expects continued strong year-over-year growth,... More