The Investor
28 Apr 2026, 22:22
Corning Incorporated reported strong first-quarter 2026 results, with core sales rising 18% year-over-year to $4.35 billion and core earnings per share increasing 30% to $0.70.
Growth was driven by strong demand for AI-related products and solar solutions, with Optical Communications revenue up 36% and Solar sales surging 80%. The company also secured new long-term agreements with hyperscale customers, reinforcing demand for next-generation data center technologies.
Looking ahead, Corning expects second-quarter core sales of around $4.6 billion and EPS in the range of $0.73 to $0.77, despite a planned maintenance shutdown at its solar facility.
Source: Corning press release, Business Wire
Growth was driven by strong demand for AI-related products and solar solutions, with Optical Communications revenue up 36% and Solar sales surging 80%. The company also secured new long-term agreements with hyperscale customers, reinforcing demand for next-generation data center technologies.
Looking ahead, Corning expects second-quarter core sales of around $4.6 billion and EPS in the range of $0.73 to $0.77, despite a planned maintenance shutdown at its solar facility.
Source: Corning press release, Business Wire