Corning Inc. Q2 profit rises to $559 million

Earnings
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Summary · why it matters

Corning Inc. reported a second-quarter profit of $559 million, or $0.64 per share, up from $469 million, or $0.54 per share, in the same period last year. Excluding items, adjusted earnings were $680 million, or $0.78 per share. Revenue rose 16.6% to $4.505 billion from $3.862 billion a year ago. The company issued guidance for the next quarter, expecting earnings per share between $0.85 and $0.89 on revenue of $4.9 billion to $5.0 billion.

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Corning Incorporated
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Corning reported higher Q2 profit and revenue, and issued strong guidance.

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