The Latest Breaking News from Optical Communications

Corning Inc. (NYSE:GLW) reported better-than-expected second-quarter 2025 results Tuesday and announced a third-quarter outlook, citing continued strong demand for its generative AI and U.S.-made solar products.

As Corning has outperformed the S&P 500 Index over the past year, analysts are bullish about the stock’s prospects.

Corning Inc (NYSE:GLW) reported first-quarter FY22 core sales growth of 15% year-on-year to $3.7 billion, above the consensus of $3.57 billion. Display Technologies sales grew 11% Y/Y to $959 million, driven by a favorable glass pricing environment.   Optical Communications sales rose 28% Y/Y to $1.2 billion as 5G, broadband, and cloud computing continue…

Lumentum Holdings Inc (NASDAQ:LITE) reported second-quarter FY22 revenue of $446.7 million, down 6.7% year-on-year, beating the consensus of $445.5 million. Optical Communications revenue declined 11.5% Y/Y to $397.4 million, and Lasers revenue rose 66% Y/Y to $49.3 million. The non-GAAP gross margin contracted 240 bps to 51%. The non-GAAP operating margin compressed 380…

Corning Inc (NYSE:GLW) reported fourth-quarter FY21 core sales growth of 12% year-on-year to $3.71 billion, above the consensus of $3.59 billion. Display Technologies sales grew 12% Y/Y to $942 million due to a favorable glass pricing environment.  Optical Communications sales rose 24% Y/Y to $1.2 billion as 5G, broadband, and cloud computing continue…