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Corning(GLW) - 2024 Q4 - Annual Results
GLWCorning(GLW)2025-01-29 12:12

Exhibit 99 FOR RELEASE – Jan. 29, 2025 Corning Reports Strong Fourth-Quarter and Full-Year 2024 Financial Results, Marking Successful First Year of 'Springboard' Plan (1) (1) Fourth-quarter GAAP results: Sales were 3.5billion,grossmarginwas34.23.5 billion, gross margin was 34.2%, operating margin was 11.2%, EPS was 0.36 and operating cash flow was 623million.FullyearGAAPresults:Saleswere623 million. Full-year GAAP results: Sales were 13.1 billion, gross margin was 32.6%, operating margin was 8.7%, EPS was 0.58andoperatingcashflowwas0.58 and operating cash flow was 1.9 billion. Fourth-quarter res ...