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Saturday, October 11, 2008, 8:37AM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
Corning Inc. (GLW)On Oct 10: 12.37  Up 0.07 (0.57%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Jun-0831-Mar-0831-Dec-0730-Sep-07
Total Revenue1,692,000  1,617,000  1,582,000  1,553,000  
Cost of Revenue840,000  773,000  825,000  811,000  
Gross Profit852,000  844,000  757,000  742,000  
Operating Expenses
Research Development163,000  151,000  153,000  145,000  
Selling General and Administrative260,000  242,000  257,000  212,000  
Non Recurring9,000  (328,000)13,000  (16,000)
Others3,000  2,000  3,000  2,000  
Total Operating Expenses435,000  67,000  426,000  343,000  
Operating Income or Loss417,000  777,000  331,000  399,000  
Income from Continuing Operations
Total Other Income/Expenses Net61,000  31,000  79,000  67,000  
Earnings Before Interest And Taxes478,000  808,000  410,000  466,000  
Interest Expense15,000  18,000  20,000  21,000  
Income Before Tax463,000  790,000  390,000  445,000  
Income Tax Expense(2,388,000)66,000  (61,000)66,000  
Minority Interest -  1,000  (1,000)(1,000)
Net Income From Continuing Ops3,211,000  1,029,000  717,000  617,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income3,211,000  1,029,000  717,000  617,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$3,211,000  $1,029,000  $717,000  $617,000  

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