Corning Incorporated (NYSE: GLW) reported third-quarter 2025 results that topped estimates, though shares fell more than 3% intra-day Tuesday despite an upbeat outlook.
Adjusted EPS was $0.67 versus the $0.66 consensus, while revenue rose 14% year over year to $4.27 billion, ahead of the $4.24 billion forecast.
For the fourth quarter, Corning guided revenue to about $4.35 billion versus Street expectations of $4.26 billion and projected adjusted EPS of $0.68 to $0.72, above the $0.67 consensus.
Optical Communications led growth: Enterprise sales climbed 58% year over year on strong uptake of the company's new Gen AI products, pushing segment revenue up 33% to $1.65 billion.
Corning said it now expected to achieve its Springboard operating margin target of 20% in Q4 2025—one year earlier than planned. Core operating margin expanded 130 basis points year over year to 19.6% in the third quarter.