Corning reported adjusted earnings of $0.72 per share for the fourth quarter of fiscal 2025, topping analyst estimates of $0.70. Revenue for the quarter reached $4.41 billion, surpassing the consensus forecast of $4.36 billion and marking a 14 percent increase year-over-year. Core earnings climbed 26 percent from $0.57 in the year-ago quarter. Despite these strong results, shares slipped just over 3 percent as investors focused on forward guidance.

The Optical Communications segment delivered standout performance, with revenue rising 24 percent year-over-year to $1.70 billion. This surge was fueled by robust Gen-AI data center demand and steady enterprise orders. In contrast, the Display Technologies business saw a 2 percent decline in revenue to $955 million, reflecting ongoing inventory adjustments in consumer electronics and television panel markets.

Corning forecast core sales of $4.2 billion to $4.3 billion for the first quarter of 2026—a projected increase of roughly 15 percent year-over-year—and core earnings of $0.66 to $0.70 per share. The company also raised its internal incremental sales growth target for 2026 to $6.5 billion from $6.0 billion and accelerated its long-term Springboard Plan goal, increasing the incremental annualized sales target to $11 billion by the end of 2028 (up from $8 billion).

Corning secured a multiyear fiber-optic supply agreement with Meta Platforms valued at up to $6 billion through 2030. Under the deal, Corning will supply advanced optical fiber, cable and connectivity hardware to support AI data center build-out, and will expand manufacturing capacity at its North Carolina facilities. The agreement is expected to position Corning as a key supplier in the hyperscale data center market and further underpin growth in its highest-margin Optical Communications segment.