0
General

Corning Q2 sales rise 7% with growth in each segment, net income drops 88%

Tuesday 30 July 2019 | 14:48 CET | News
Corning has reported a 7 percent rise in sales in the second quarter of 2019 to USD 2.94 billion. The company said the strong performance was driven by year-on-year growth in every business segment. Net income dropped by 88 percent to USD 92 million from USD 738 million in Q2 last year.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Corning
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Corning still confident in 2020-2023 objectives after lower but in-line Q4

Published 29 Jan 2020 17:32 CET | World
Corning CEO Wendell Weeks said the company delivered, as promised, on its goals for 2016-2019, and that it is still on track to ...

Corning reports lower Q3 but confidence remains in 2020-2023 objectives

Published 29 Oct 2019 14:58 CET | World
Corning said results for the third quarter came in line with the guidance it provided last month. CEO Wendell Weeks said the ...

Corning lowers FY guidance for Display Technologies, Optical Communications

Published 17 Sep 2019 11:17 CET | World
Corning has lowered its full year forecasts for Display Technologies and Optical Communications. The move comes after several ...

CenturyLink expands fibre network across US, Europe

Published 23 Jul 2019 18:02 CET | United States
CenturyLink said it's using its global multi-conduit infrastructure to expand its intercity network by 4.7 million miles of ...

Corning to lift dividends by 10%, distribute USD 8-10 bln to shareholders in 2020-2023

Published 14 Jun 2019 15:42 CET | World
Corning has unveiled its Strategy and Capital Allocation Framework for 2020-2023, with new targets for the future. The latest ...

Corning launches high index glass wafers in 300-millimeter diameter size for AR devices

Published 06 May 2019 16:39 CET | World
Corning said it created 300-millimeter diameter glass wafers in selected refractive indexes optimised for augmented reality (AR) ...

Corning sees continued strong growth this year after lifting revenues, profit in Q1

Published 30 Apr 2019 16:18 CET | World
Corning reported higher results for the first quarter, with CEO Wendell Weeks saying the company will likely see more strong ...





Calendar   /   Industry Events

22 Oct Doro Q3 results
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
25 Oct Facebook Q3
26 Oct Twitter Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Digital Realty Q3
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct FCC meeting
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Twilio Q3
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items