Q2 2025 Financial Performance - Core sales reached $405 billion, a 12% increase year-over-year (YoY)[13] - Operating margin was 190%, a 160 basis points increase YoY[13] - Core EPS was $060, a 28% increase YoY[13] - Optical Communications segment net sales increased by 41% YoY to $157 billion, with net income up 73% YoY to $247 million[46] - Hemlock and Emerging Growth Businesses net sales increased by 31% YoY to $326 million, but experienced a net loss of $10 million[60] Springboard Plan & Future Outlook - The company grew sales 24% since Q4 2023, adding over $3 billion to the annualized sales run rate[17] - The company expects Q3 2025 core sales to be approximately $42 billion and core EPS to be between $063 and $067[41] - The company anticipates approximately $13 billion in capital investments for 2025[61] Growth Opportunities - Enterprise Network sales increased by 81% YoY, driven by network scale-out[28,46] - The company expects to triple its solar sales run rate by 2027, adding $16 billion of new annualized revenue[32]

Core Viewpoint - Corning Incorporated aims to accelerate revenue and earnings growth through its Springboard plan, targeting over $3 billion in incremental annualized sales by the end of 2026 [3]. Group 1: Financial Performance and Strategy - The company has the necessary production capacity and technical capabilities to achieve the projected sales growth, with costs and capital already reflected in its financials [4]. - Corning expects to generate significant incremental profit and cash flow, leading to earnings growth that outpaces sales growth [4]. - The company has initiated share buybacks as a demonstration of confidence in its growth plan [4].