Corning (GLW) Tops Q2 EPS by 13c

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Go back to Corning (GLW) Tops Q2 EPS by 13c

Corning Reports Second-Quarter 2020 Results

July 28, 2020 7:16 AM EDT

Strong sequential growth in sales, EPS, and free cash flow; Execution of business strategy drives resilient performance, counteracting end-market challenges; Company implemented adjusted operating plan and took actions to protect financial strength

CORNING, NY, July 28, 2020 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for the second quarter ended June 30, 2020.

GAAP and core sales were $2.6 billion; versus the first quarter, GAAP sales increased 7% and core sales increased 2%GAAP EPS was $(0.13); core EPS was $0.25, up 25% sequentiallyGAAP net loss was $71 million; core net income was $218 million, up 23%... More