Corning Q2 Non-GAAP Earnings, Revenue Rise; Q3 Guidance Set
MT Newswires Live
Jul 28
Corning (GLW) reported Q2 non-GAAP earnings Tuesday of $0.78 per diluted share, up from $0.60 a year earlier.
Analysts polled by FactSet expected $0.76.
Revenue for the quarter ended June 30 was $4.74 billion, up from $4.05 billion a year earlier.
Analysts polled by FactSet expected $4.63 billion.
The company said it expects Q3 earnings of $0.85 to $0.89 per diluted share
Analysts polled by FactSet expect $0.85.
The company expects sales for Q3 of $4.9 billion to $5 billion.
Analysts polled by FactSet expect $5 billion.
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