Corning, Inc. has released its highlights for the second-quarter of 2019.
According to the report, the company saw $3 billion in core sales, an 8% increase compared to the second-quarter of 2018. Additionally, the company saw $0.45 in core Earnings Per Share, an 18% increase compared to last year.
Additionally, officials say all businesses remain on track for full-year 2019 sales growth.
The company also saw a 15% increase in sales in environmental technologies, a 9% increase in display technologies and an 8% increase in specialty materials.
“Our second-quarter performance reflects our strong execution against our now completed Strategy and Capital Allocation Framework, which guided Corning during the 2016-2019 period,” said Wendell Weeks, Corning Chairman and CEO. “We’re outpacing the markets we serve, which demonstrates the resilience of our portfolio in the face of macro-economic headwinds. We look forward to extending our strong performance under our new 2020-2023 Strategy and Growth Framework.”
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