Corning Result 29/07/15

Corning recorded Q2 net profits of $496 million, up from $169 million a year ago, on revenue which fell to $2.3 billion from $2.5 billion. For the six months there were profits of $903 million, an increase from $470 million, on turnover of $4.6 billion, down from $4.8 billion. Core display sales were $963 million, while optical communications sales were $800 million. Specialty materials sales were $272 million and the company said that there was strong mid-teens percentage growth in Corning Gorilla Glass volume.