GLW Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.
Company profile
Ticker
GLW
Exchange
CEO
Wendell P. Weeks
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
IRS number
160393470
GLW stock data
()
Calendar
31 Jul 19
24 Oct 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 2.94B | 2.81B | 3.04B | 3.01B | |
| Net income | 92M | 499M | 292M | 625M | |
| Diluted EPS | 0.09 | 0.55 | 0.26 | 0.67 | |
| Net profit margin | 3.13% | 17.75% | 9.62% | 20.78% | |
| Operating income | 374M | 420M | 464M | 522M | |
| Net change in cash | 452M | -120M | |||
| Cash on hand | 2.36B | 1.9B | |||
| Cost of revenue | 1.88B | 1.71B | 1.83B | 1.78B |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 11.29B | 10.12B | 9.39B | ||
| Net income | 1.07B | -497M | 3.7B | 1.34B | |
| Diluted EPS | 1.13 | -0.66 | 3.23 | 1 | |
| Net profit margin | 9.44% | -4.91% | 39.35% | ||
| Operating income | 1.58B | 1.61B | 1.42B | 1.32B | |
| Net change in cash | -1.96B | -974M | 791M | -809M | |
| Cash on hand | 2.36B | 4.32B | 5.29B | 4.5B | |
| Cost of revenue | 6.83B | 6.1B | 5.63B | 5.46B |
Financial data from Corning earnings reports
Financial report summary
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Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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New words:
articulated, center, energy, hyperscale, introduced, iv, judgement, July, memorandum, met, monetary, OTC, payment, renewable, track
Removed:
coupled, led, movement, number, realizable, sequential, typical
Financial reports
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
3 May 19
10-K
2018 FY
Annual report
12 Feb 19
10-Q
2018 Q3
Quarterly report
24 Oct 18
10-Q
2018 Q2
Quarterly report
27 Jul 18
10-Q
2018 Q1
Quarterly report
26 Apr 18
10-K
2017 FY
Annual report
15 Feb 18
10-Q
2017 Q3
Quarterly report
26 Oct 17
10-Q
2017 Q2
Quarterly report
26 Jul 17
10-Q
2017 Q1
Quarterly report
25 Apr 17
Current reports
8-K
Other Events
14 Aug 19
8-K
Corning Reports Strong Second-Quarter Results with Year-Over-Year Growth Across All Businesses
30 Jul 19
8-K
Submission of Matters to a Vote of Security Holders
3 May 19
8-K
Corning Reports Strong First-Quarter 2019 Financial Results and Continued Progress on Strategy and Capital Allocation Framework
30 Apr 19
8-K
Corning Reports Excellent Fourth-Quarter and Full-Year 2018 Financial Results and Continued Progress on Strategy and Capital
29 Jan 19
8-K
Other Events
6 Nov 18
8-K
Corning Reports Third-Quarter 2018 Financial Results and Continued Progress on Strategy and Capital Allocation Framework
23 Oct 18
8-K
Entry into a Material Definitive Agreement
15 Aug 18
8-K
Corning Reports Second-Quarter 2018 Financial Results and Continued Progress on Strategy and Capital Allocation Framework
25 Jul 18
8-K
Departure of Directors or Certain Officers
18 Jul 18
Registration and prospectus
424B2
Prospectus for primary offering
7 Aug 19
FWP
Free writing prospectus
6 Aug 19
424B2
Prospectus for primary offering
31 Jul 19
S-8
Registration of securities for employees
6 May 19
424B2
Prospectus for primary offering
1 Nov 18
FWP
Free writing prospectus
31 Oct 18
424B2
Prospectus for primary offering
30 Oct 18
424B2
Prospectus for primary offering
31 May 18
FWP
Free writing prospectus
31 May 18
424B2
Prospectus for primary offering
25 May 18
Proxies
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
16 Mar 18
DEFA14A
Additional proxy soliciting materials
16 Mar 18
DEF 14A
Definitive proxy
17 Mar 17
DEF 14A
Definitive proxy
15 Mar 16
DEF 14A
Definitive proxy
17 Mar 15
DEFA14A
Additional proxy soliciting materials
7 Apr 14
DEFA14A
Additional proxy soliciting materials
20 Mar 14
DEF 14A
Definitive proxy
13 Mar 14
Other
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
13 Apr 17
CORRESP
Correspondence with SEC
7 Apr 17
UPLOAD
Letter from SEC
31 Mar 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
29 May 15
NO ACT
No action letter
11 Feb 15
UPLOAD
Letter from SEC
18 Aug 14
Patents
GRANT
Utility
Insulated glass unit
22 Oct 19
An insulated glass unit (20) is described and includes at least first and second glass pane (22, 32) and an optional third glass pane (42).
GRANT
Utility
High optical quality glass tubing and method of making
22 Oct 19
A laminated or single layer glass cylinder and its method of making are disclosed.
GRANT
Utility
Shaped glass laminates and methods for forming the same
22 Oct 19
Embodiments of a laminate including a first curved glass substrate comprising a first viscosity (poises) at a temperature of 630° C.; a second curved glass substrate comprising a second viscosity that is greater than the first viscosity at a temperature of 630° C.; and an interlayer disposed between the first curved glass substrate and the second curved glass substrate, are disclosed.
GRANT
Utility
Glass-ceramics and glasses
22 Oct 19
A glass-ceramic includes glass and crystalline phases, where the crystalline phase includes non-stoichiometric suboxides of titanium, forming ‘bronze’-type solid state defect structures in which vacancies are occupied with dopant cations.
GRANT
Utility
Cordierite aluminum magnesium titanate compositions and ceramic articles comprising same
22 Oct 19
Disclosed are ceramic bodies comprised of composite cordierite aluminum magnesium titanate ceramic compositions and methods for the manufacture of same.