Corning (GLW) Files 8-K on Results of Operations & Financial Condition
Ticker: GLW · Form: 8-K · Filed: Jan 30, 2024 · CIK: 24741
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, corporate-filing
TL;DR
**Corning just dropped an 8-K with fresh financials, time to check their numbers!**
AI Summary
Corning Inc. (GLW) filed an 8-K on January 30, 2024, to report its results of operations and financial condition, along with related financial statements and exhibits. This filing indicates that the company is providing updated financial information, which is crucial for investors to assess its recent performance and future prospects. For shareholders, this means new data is available to evaluate the company's health and make informed decisions about holding or buying more stock.
Why It Matters
This filing provides investors with the latest financial performance data for Corning Inc., enabling them to assess the company's health and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not indicate any immediate new risks, but rather provides transparency.
Analyst Insight
A smart investor would review the detailed financial statements and exhibits referenced in this 8-K to understand Corning's recent performance trends and financial health before making any investment decisions.
Key Numbers
- $0.50 — Common Stock Par Value (The par value per share for Corning's Common Stock.)
- 3.875% — Notes Due 2026 Interest Rate (The interest rate for Corning's Notes due in 2026.)
- 4.125% — Notes Due 2031 Interest Rate (The interest rate for Corning's Notes due in 2031.)
Key Players & Entities
- CORNING INC /NY (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where Corning's securities are traded
- $0.50 (dollar_amount) — par value per share of Common Stock
- January 30, 2024 (date) — date of the earliest event reported in the 8-K
FAQ
What is the purpose of this 8-K filing by Corning Inc.?
The purpose of this 8-K filing by Corning Inc. is to report on its 'Results of Operations and Financial Condition' and to include 'Financial Statements and Exhibits' as of the earliest event reported date, January 30, 2024.
What is the trading symbol for Corning Inc.'s Common Stock on the New York Stock Exchange?
The trading symbol for Corning Inc.'s Common Stock, with a $0.50 par value per share, on the New York Stock Exchange is GLW.
What are the details of the notes registered by Corning Inc. pursuant to Section 12(b) of the Act?
Corning Inc. has two sets of notes registered: 3.875% Notes due 2026 (trading symbol GLW26) and 4.125% Notes due 2031 (trading symbol GLW31), both registered on the New York Stock Exchange.
What is Corning Inc.'s state of incorporation and IRS Employer Identification Number?
Corning Inc.'s state of incorporation is New York, and its I.R.S. Employer Identification No. is 16-0393470.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 30, 2024.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-01-30 07:13:03
Key Financial Figures
- $0.50 — ange on which registered Common Stock, $0.50 par value per share GLW New York St
Filing Documents
- glw20230630_8k.htm (8-K) — 28KB
- ex_540488.htm (EX-99) — 911KB
- 0001437749-24-002506.txt ( ) — 1151KB
- glw-20240130.xsd (EX-101.SCH) — 4KB
- glw-20240130_def.xml (EX-101.DEF) — 13KB
- glw-20240130_lab.xml (EX-101.LAB) — 18KB
- glw-20240130_pre.xml (EX-101.PRE) — 13KB
- glw20230630_8k_htm.xml (XML) — 6KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition The Corning Incorporated press release dated January 30, 2024 regarding its financial results for the fourth quarter ended December 31, 2023 is attached hereto as Exhibit 99. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibit 99 Press Release dated January 30, 2024, issued by Corning Incorporated. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CORNING INCORPORATED Registrant Date: January 30, 2024 By /s/ Stefan Becker Stefan Becker Senior Vice President and Corporate Controller