Corning (GLW) Tops Q2 EPS by 5c; $2B Accelerated Stock Repurchase

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Corning Announces Second-Quarter 2016 Financial Performance

July 27, 2016 7:11 AM EDT

Results exceed management guidance;
Company announces $2 billion accelerated share repurchase

CORNING, N.Y.; JULY 27, 2016 - Corning Incorporated (NYSE: GLW) today announced its results for the second quarter ended June 30, 2016.

News Summary:

Q2 GAAP EPS up $2.23 sequentially to $1.87, reflecting a one-time $2.7... More