Corning (GLW) Revenue — Quarter Ended Sep 30, 2024
Revenue increased from the prior quarter and from the year-ago quarter. The company reported higher net sales in both comparisons.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased from the prior quarter and from the year-ago quarter. The company reported higher net sales in both comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
+4.3%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $3B | -12.1% |
| Mar 31, 2024 | $3B | -6.4% |
| Jun 30, 2024 | $3.3B | +0.2% |
| Sep 30, 2024 | $3.4B | +6.9% |
Revenue performance
Net sales rose sequentially after a modest increase in the preceding quarter. Year-over-year growth strengthened compared to the prior quarter's performance.
Quarterly comparison
The sequential gain extended the upward trajectory seen in the recent quarters. On a year-over-year basis, revenue returned to growth after a period of contraction.
What to watch
Watch whether revenue can maintain its sequential growth momentum.