Corning Incorporated · Q2 2024
ReportedJul 30, 2024
Period endedJun 30, 2024
Rule of 40+9
The quarter in short
Revenue $3.25B, up 0.2% year over year and 9.3% on the quarter. EPS $0.12, down 63.6% year over year and 50.0% on the quarter. Free cash flow $279M, up 20.8% year over year. Rule of 40 score +9.
Reported this quarter
Revenue
$3.25B
QoQ +9.3%
YoY +0.2%
EPS
$0.12
QoQ −50.0%
YoY −63.6%
Free Cash Flow
$279M
QoQ —
YoY +20.8%
Gross Margin
29.2%
QoQ −4.2 pp
YoY −2.0 pp
FCF Margin
8.6%
QoQ +13.8 pp
YoY +1.5 pp
P/E Ratio
75.0
QoQ +68.6%
YoY —
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Sources & downloads
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Earnings press release
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SEC filings
Filed with the SEC under CIK 24741.
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8-K results announcement
Filed Jul 30, 2024
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EXHIBIT 99 (EX-99)
Exhibit 99 to the 8-K
887 KB
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10-Q quarterly report
Period ended Jun 30, 2024, filed Aug 2, 2024
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This quarter (JSON)
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