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Monday, July 2, 2007, 10:31PM ET - U.S. Markets Closed. Dow Up 0.95% Nasdaq Up 1.12%
Corning Inc. (GLW)At 4:01PM ET: 25.76  Up 0.21 (0.82%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING31-Mar-0731-Dec-0630-Sep-0630-Jun-06
Total Revenue1,307,000  1,369,000  1,282,000  1,261,000  
Cost of Revenue716,000  766,000  716,000  720,000  
Gross Profit591,000  603,000  566,000  541,000  
Operating Expenses
Research Development130,000  138,000  127,000  128,000  
Selling General and Administrative214,000  222,000  218,000  194,000  
Non Recurring110,000  (98,000)15,000  (56,000)
Others3,000  3,000  2,000  3,000  
Total Operating Expenses457,000  265,000  362,000  269,000  
Operating Income or Loss134,000  338,000  204,000  272,000  
Income from Continuing Operations
Total Other Income/Expenses Net54,000  59,000  59,000  29,000  
Earnings Before Interest And Taxes188,000  397,000  263,000  301,000  
Interest Expense21,000  20,000  18,000  18,000  
Income Before Tax167,000  377,000  245,000  283,000  
Income Tax Expense56,000   -  33,000  24,000  
Minority Interest -  (3,000)(6,000)(1,000)
Net Income From Continuing Ops327,000  646,000  438,000  514,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income327,000  646,000  438,000  514,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$327,000  $646,000  $438,000  $514,000  

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