Skip to search.
 Dow Down 2.16% Nasdaq Down 2.63%
Corning Inc. (GLW)On Sep 30: 12.36  Down 0.30 (2.37%)  

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2010Dec 31, 2009Dec 31, 2008
Total Revenue 6,632,000   5,395,000   5,948,000  
Cost of Revenue3,583,000  3,302,000  3,210,000  
Gross Profit 3,049,000   2,093,000   2,738,000  
Operating Expenses
Research Development603,000  563,000  627,000  
Selling General and Administrative1,015,000  881,000  901,000  
Non Recurring(378,000)248,000  (321,000)
Others8,000  10,000  11,000  
Total Operating Expenses1,248,000  1,702,000  1,218,000  
Operating Income or Loss 1,801,000   391,000   1,520,000  
Income from Continuing Operations
Total Other Income/Expenses Net195,000  190,000  62,000  
Earnings Before Interest And Taxes3,954,000  2,016,000  1,582,000  
Interest Expense109,000  82,000  59,000  
Income Before Tax3,845,000  1,934,000  1,523,000  
Income Tax Expense287,000  (74,000)(2,405,000)
Minority Interest -   -  1,000  
Net Income From Continuing Ops5,516,000  3,443,000  5,257,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 3,558,000   2,008,000   5,257,000  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 3,558,000   2,008,000   5,257,000  

Currency in USD.