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Friday, May 16, 2008, 4:11PM ET - U.S. Markets Closed. Dow Down 0.05% Nasdaq Down 0.19%
Corning Inc. (GLW)At 3:51PM ET: 27.34  Up 0.29 (1.07%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING31-Mar-0831-Dec-0730-Sep-0730-Jun-07
Total Revenue1,617,000  1,582,000  1,553,000  1,418,000  
Cost of Revenue773,000  825,000  811,000  759,000  
Gross Profit844,000  757,000  742,000  659,000  
Operating Expenses
Research Development151,000  153,000  145,000  137,000  
Selling General and Administrative242,000  257,000  212,000  229,000  
Non Recurring(328,000)13,000  (16,000)74,000  
Others2,000  3,000  2,000  2,000  
Total Operating Expenses67,000  426,000  343,000  442,000  
Operating Income or Loss777,000  331,000  399,000  217,000  
Income from Continuing Operations
Total Other Income/Expenses Net31,000  79,000  67,000  92,000  
Earnings Before Interest And Taxes808,000  410,000  466,000  309,000  
Interest Expense18,000  20,000  21,000  20,000  
Income Before Tax790,000  390,000  445,000  289,000  
Income Tax Expense66,000  (61,000)66,000  19,000  
Minority Interest1,000  (1,000)(1,000)(1,000)
Net Income From Continuing Ops1,029,000  717,000  617,000  489,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income1,029,000  717,000  617,000  489,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$1,029,000  $717,000  $617,000  $489,000  

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