WASHINGTON (dpa-AFX) - Corning Inc. (GLW) released a profit for its third quarter that Increases, from last year
The company's earnings totaled $680 million, or $0.78 per share. This compares with $430 million, or $0.50 per share, last year.
Excluding items, Corning Inc. reported adjusted earnings of $795 million or $0.91 per share for the period.
The company's revenue for the period rose 18.4% to $4.855 billion from $4.100 billion last year.
Corning Inc. earnings at a glance (GAAP) :
-Earnings: $680 Mln. vs. $430 Mln. last year. -EPS: $0.78 vs. $0.50 last year. -Revenue: $4.855 Bln vs. $4.100 Bln last year.
-Guidance: Next quarter EPS guidance: $ 0.96 To $ 1.00 Next quarter revenue guidance: $ 5.2 B To $ 5.3 B
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