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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Corning reported a 17% year-over-year increase in core sales to $4.74 billion for the second quarter of 2026, with earnings per share rising 30% to $0.78. The Optical Communications segment saw significant growth of 32% due to high demand for Generative AI infrastructure. Despite beating estimates, GLW stock fell 12% to $122.92 in premarket trading following the issuance of soft guidance. This decline brought the stock to its lowest level since March 9 of this year.