CSIMarket
 


Corning Inc  (GLW)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment
 

GLW's Income from Cont. Operations Growth by Quarter and Year

Corning Inc's Income from Cont. Operations results by quarter and year




GLW Income from Cont. Operations (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - -28.00 -5.00 487.00
III Quarter September - 182.00 226.00 371.00
II Quarter June 122.00 303.00 584.00 449.00
I Quarter March 225.00 191.00 581.00 599.00
FY   347.00 648.00 1,386.00 1,906.00



GLW Income from Cont. Operations second quarter 2024 Y/Y Growth Comment
Corning Inc reported drop in Income from Cont. Operations in the second quarter 2024 by -59.74% to $ 122.00 millions, from the same quarter in 2023.
The fall in the second quarter 2024 Corning Inc's Income from Cont. Operations compares unfavorably to the Company's average Income from Cont. Operations jump of 59.66%.

According to the results reported in the second quarter 2024, Corning Inc achieved the best Income from Cont. Operations growth in Communications Equipment industry. While Corning Inc' s Income from Cont. Operations meltdown of -59.74% ranks overall at the positon no. 1010 in the second quarter 2024.




GLW Income from Cont. Operations ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - - - 93.25 %
III Quarter September - -19.47 % -39.08 % -13.11 %
II Quarter June -59.74 % -48.12 % 30.07 % -
I Quarter March 17.8 % -67.13 % -3.01 % -
FY   - -53.25 % -27.28 % 272.27 %

Financial Statements
Corning Inc's second quarter 2024 Income from Cont. Operations $ 122.00 millions GLW's Income Statement
Corning Inc's second quarter 2023 Income from Cont. Operations $ 303.00 millions Quarterly GLW's Income Statement
New: More GLW's historic Income from Cont. Operations Growth >>


GLW Income from Cont. Operations (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - - - 31.27 %
III Quarter September - -39.93 % -61.3 % -17.37 %
II Quarter June -45.78 % 58.64 % 0.52 % -25.04 %
I Quarter March - - 19.3 % 137.7 %
FY (Year on Year)   - -53.25 % -27.28 % 272.27 %




Income from Cont. Operations second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry #1
Technology Sector #84
Overall #1010

Income from Cont. Operations Y/Y Growth Statistics
High Average Low
1173.3 % 59.66 % -132.84 %
(Sep 30 2017)   (Mar 31 2018)
Income from Cont. Operations second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry #1
Technology Sector #84
Overall #1010
Income from Cont. Operations Y/Y Growth Statistics
High Average Low
1173.3 % 59.66 % -132.84 %
(Sep 30 2017)   (Mar 31 2018)

Income from Cont. Operations by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Corning Inc's Q/Q Income from Cont. Operations Growth


Income from Cont. Operations Q/Q Growth Statistics
High Average Low
4264.29 % 102.15 % -97.59 %
(June 30. 2009)  


GLW's II. Quarter Q/Q Income from Cont. Operations Comment
In the II. Quarter 2024 Corning Inc disclosed fall in Income from Cont. Operations from the previous quarter by -45.78% to $ 122.00 millions, from $ 225.00 millions achived in the previous reporting period.

Those seasonal factors were not able to salvage the II. Quarter for the Corning Inc, Lillian Phillips, market expert allocated in Toronto said, she sees new difficulties onward for GLW and wrote that average quarter on quarter Income from Cont. Operations growth is at 102.15% for GLW.

Within Communications Equipment industry 4 other companies have achieved higher Income from Cont. Operations quarter on quarter growth. While Corning Inc's Income from Cont. Operations growth quarter on quarter, overall rank is 1284.


Income from Cont. Operations Q/Q Growth Company Ranking
Within: No.
Communications Equipment Industry #5
Technology Sector #127
Overall #1284
Income from Cont. Operations Q/Q Growth Company Ranking
Within: No.
Communications Equipment Industry #5
Technology Sector #127
Overall #1284
Income from Cont. Operations Q/Q Growth Statistics
High Average Low
4264.29 % 102.15 % -97.59 %
(June 30. 2009)  


GLW's II. Quarter Q/Q Income from Cont. Operations Comment
In the II. Quarter 2024 Corning Inc reported fall in Income from Cont. Operations from the previous quarter by -45.78% to $ 122.00 millions, from $ 225.00 millions released in the previous reporting period.

Some seasonal factors were not able to salvage the II. Quarter for the Corning Inc, Lillian Phillips, market expert allocated in Toronto wrote, she cited little skepticism towards GLW's direction.

Within Communications Equipment industry 4 other companies have achieved higher Income from Cont. Operations quarter on quarter growth. While Corning Inc's Income from Cont. Operations growth quarter on quarter, overall rank is 1284.


Corning Inc's 12 Months Income from Cont. Operations Growth Year on Year


Income from Cont. Operations TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Income from Cont. Operations 12 Months Ending $ 501.00 $ 682.00 $ 648.00 $ 671.00 $ 715.00
Y / Y Income from Cont. Operations Growth (TTM) -29.93 % -31.53 % -53.25 % -64.27 % -64.66 %
Year on Year Income from Cont. Operations Growth Overall Ranking # 1268 # 1273 # 284 # 546 # 189
Seqeuential Income from Cont. Operations Change (TTM) -26.54 % 5.25 % -3.43 % -6.15 % -28.21 %
Seq. Income from Cont. Operations Growth (TTM) Overall Ranking # 1010 # 1096 # 283 # 832 # 242




Cumulative Income from Cont. Operations growth Comment
Corning Inc showed decline, but improvement compare to trailing twelve month Income from Cont. Operations decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Corning Inc's annual Income from Cont. Operations drop would be -29.93% year on year to $501 millions.

In the Technology sector 111 other companies have achieved higher trailing twelve month Income from Cont. Operations growth. While Total ranking has impoved so far to 1268, from total ranking in previous quarter at 1273.

Income from Cont. Operations TTM Q/Q Growth Statistics
High Average Low
1173.3 %
59.66 %
-132.84 %
 

Income from Cont. Operations TTM Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry # 1
Technology Sector # 112
Overall # 1268

Income from Cont. Operations TTM Y/Y Growth Statistics
High Average Low
1173.3 %
59.66 %
-132.84 %
 


Income from Cont. Operations TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 84
S&P 500 # 1010
Cumulative Income from Cont. Operations growth Comment
Corning Inc showed decline, but improvement compare to trailing twelve month Income from Cont. Operations decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Corning Inc's annual Income from Cont. Operations drop would be -29.93% year on year to $501 millions.

In the Technology sector 111 other companies have achieved higher trailing twelve month Income from Cont. Operations growth. While Total ranking has impoved so far to 1268, from total ranking in previous quarter at 1273.

Income from Cont. Operations TTM Q/Q Growth Statistics
High Average Low
1173.3 %
59.66 %
-132.84 %
 


Income from Cont. Operations TTM Y/Y Growth Company Ranking
Within: No.
Communications Equipment Industry # 1
Technology Sector # 112
Overall # 1268

Income from Cont. Operations TTM Y/Y Growth Statistics
High Average Low
1173.3 %
59.66 %
-132.84 %
 


Income from Cont. Operations TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 84
S&P 500 # 1010




Other Income from Cont. Operations Growth
Communications Equipment Industry Income from Cont. Operations Growth Trends and Statistics
Technology Sector Income from Cont. Operations Growth Statistics
Income from Cont. Operations Growth Trends for overall market
GLW's Income from Cont. Operations Growth Ratio versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Income from Cont. Operations Growth
Lowest Ranking Income from Cont. Operations Growth
Income from Cont. Operations Growth for GLW's Competitors
Income from Cont. Operations Growth for Corning Inc's Suppliers
Income from Cont. Operations Growth for GLW's Customers

You may also want to know
GLW's Annual Growth Rates GLW's Profitability Ratios GLW's Asset Turnover Ratio GLW's Dividend Growth
GLW's Roe GLW's Valuation Ratios GLW's Financial Strength Ratios GLW's Dividend Payout Ratio
GLW's Roa GLW's Inventory Turnover Ratio GLW's Growth Rates GLW's Dividend Comparisons



Companies with similar Income from Cont. Operations drop for the quarter ending Jun 30 2024 within Technology SectorY/Y Change %Income from Cont. Operations for the quarter ending Jun 30 2024
Trimas Corporation-0.73%$ -0.726 millions
Match Group Inc -2.93%$ -2.931 millions
Gen Digital Inc -4.23%$ -4.233 millions
Legalzoom com Inc -5.81%$ -5.806 millions
Roper Technologies Inc -6.62%$ -6.620 millions
Fortive Corporation-6.65%$ -6.651 millions
Nve Corp-6.95%$ -6.952 millions
Kaltura Inc -7.18%$ -7.181 millions
Crawford United Corp-14.75%$ -14.745 millions
Epam Systems Inc -17.82%$ -17.818 millions
Danaher Corporation-17.99%$ -17.993 millions
Materion Corporation-20.95%$ -20.953 millions
Cantaloupe inc -22.10%$ -22.105 millions
A10 Networks Inc -22.62%$ -22.615 millions
-24.43%$ -24.428 millions
Eastman Kodak Co-25.71%$ -25.714 millions
Qxo Inc -30.10%$ -30.103 millions
Integral Ad Science Holding Corp -30.25%$ -30.247 millions
Electronic Arts Inc -30.35%$ -30.348 millions
Perficient Inc -33.85%$ -33.852 millions
Flex Ltd -34.12%$ -34.123 millions
Texas Instruments Incorporated-34.55%$ -34.553 millions
Shoals Technologies Group Inc -37.63%$ -37.635 millions
Skyworks Solutions Inc -38.25%$ -38.253 millions
Wm Technology Inc -39.79%$ -39.788 millions
Dxc Technology Company-40.48%$ -40.476 millions
On Semiconductor Corporation-41.36%$ -41.362 millions
Doubleverify Holdings Inc -41.79%$ -41.787 millions
Rockwell Automation Inc -42.04%$ -42.037 millions
Egain Corporation-42.10%$ -42.099 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com