Corning reports 19% core sales growth and raises fourth-quarter outlook
Filed with the SEC on · Summarized by InvestorsBot
Corning’s third-quarter 2026 GAAP sales rose 18% year over year to $4.86 billion, while core sales increased 19% to $5.08 billion and core EPS rose 36% to $0.91; Optical Communications led with sales up 44% to $2.38 billion. Management expects fourth-quarter core sales of $5.2 billion to $5.3 billion and core EPS of $0.96 to $1.00, while noting four long-term, multibillion-dollar customer agreements, including with Verizon and AT&T.