By Michael Dabaie

Corning Inc. (GLW) Wednesday said earnings were up 68%, and the company raised its 2018 sales guidance.

Second-quarter profit at the maker of glass and ceramics came in at $738 million, or 78 per share, up from $439 million, or 42 cents per share in the same period a year earlier. Adjusted EPS was 38 cents, down from 39 cents in the year-ago quarter.

Sales in the quarter were $2.7 billion, up 10% from $2.5 billion a year earlier.

Corning raised its full year forecast for sales to about $11.3 billion, up from prior guidance of about $11 billion.

Shares were up 3.1% in premarket trading to $30.75.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

July 25, 2018 08:32 ET (12:32 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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