Detail akcie Corning Inc online

Business Summary: Corning Incorporated is a materials science technology and innovation company. The Company operates through five segments: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies and Life Sciences. The Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. Display Technologies segment manufactures glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes. Its Specialty Materials segment is engaged in manufacturing products that provide material formulations for glass, glass ceramics and fluoride crystals to meet demand for customer needs. Its Environmental Technologies segment manufactures ceramic substrates and filters for emission control systems in mobile applications. Its Life Sciences segment manufactures labware, equipment, media, serum and reagents enabling workflow solutions for drug discovery and bioproduction.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Corning Inc revenues decreased 11% to $12.59B. Net income decreased 56% to $581M. Revenues reflect Optical Communications segment decrease of 20% to $4.01B, Life Sciences segment decrease of 22% to $959M, United States segment decrease of 14% to $4.44B, Canada segment decrease of 37% to $317M. Net income also reflects Other expense, net decrease of 80% to $56M (income).