YOU WONT BELIEVE: Optical communications - What They Never Told You

Corning beat Q2 2026 earnings estimates, but shares fell 12% on light Q3 guidance tied to tough year-over-year comparisons, not weakening AI-fiber demand or business fundamentals.

Corning’s latest Amazon agreement strengthens the case that fiber optics demand is becoming a major AI infrastructure growth driver.

GLW stock surged after earnings, and analysts are raising their price targets to keep up.

Corning has been a key player in products ranging from the iPhone to fiber-optic cables, which it invented. Today, the company's Springboard Framework will position it to take advantage of the growth in data centers and AI. Already, new products will allow GLW to achieve in-enterprise sales growth of more…

Lumentum Holdings Inc (NASDAQ:LITE) reported third-quarter FY22 revenue of $395.4 million, down 5.7% year-on-year, in line with the consensus. Optical Communications revenue declined 11.3% Y/Y to $344.2 million, and Lasers revenue rose 62% Y/Y to $51.2 million. Margins: The non-GAAP gross margin contracted 40 bps to 49.5%. The non-GAAP operating margin compressed 140 bps…

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…