Corning reports third-quarter results highlighted by optical communications and solar sales growth

Core sales increased 1% year over year as secular growth initiatives and “more corning” approach offset lower display technologies volume; panel maker utilization declined further to a level that management believes to be the correction low point; display glass price remained consistent; free cash flow of $866 million for the first nine months of 2022 keeps corning on pace for another year of healthy cash generation core sales increased 1% year over year as secular growth initiatives and “more corning” approach offset lower display technologies volume; panel maker utilization declined further to a level that management believes to be the correction low point; display glass price remained consistent; free cash flow of $866 million for the first nine months of 2022 keeps corning on pace for another year of healthy cash generation
GLW Ratings Summary
Quant
GLW Quant Ranking
Sector
Industry
Quant Rating
Quant Score