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Monday, December 8, 2008, 2:42PM ET - U.S. Markets close in 1 hour and 18 minutes. Dow Up 3.55% Nasdaq Up 3.98%
Corning Inc. (GLW)At 2:27PM ET: 8.99  Up 0.45 (5.27%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Sep-0830-Jun-0831-Mar-0831-Dec-07
Total Revenue1,555,000  1,692,000  1,617,000  1,582,000  
Cost of Revenue820,000  840,000  773,000  825,000  
Gross Profit735,000  852,000  844,000  757,000  
Operating Expenses
Research Development160,000  163,000  151,000  153,000  
Selling General and Administrative220,000  260,000  242,000  257,000  
Non Recurring4,000  9,000  (328,000)13,000  
Others2,000  3,000  2,000  3,000  
Total Operating Expenses386,000  435,000  67,000  426,000  
Operating Income or Loss349,000  417,000  777,000  331,000  
Income from Continuing Operations
Total Other Income/Expenses Net(8,000)61,000  31,000  79,000  
Earnings Before Interest And Taxes341,000  478,000  808,000  410,000  
Interest Expense15,000  15,000  18,000  20,000  
Income Before Tax326,000  463,000  790,000  390,000  
Income Tax Expense(60,000)(2,388,000)66,000  (61,000)
Minority Interest -   -  1,000  (1,000)
Net Income From Continuing Ops768,000  3,211,000  1,029,000  717,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income768,000  3,211,000  1,029,000  717,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$768,000  $3,211,000  $1,029,000  $717,000  

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