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Friday, January 12, 2007, 4:58PM ET - U.S. Markets Closed. Dow Up 0.33% Nasdaq Up 0.72%

Corning Inc. (GLW)At 4:00PM ET: 20.03  Up 0.61 (3.14%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Sep-0630-Jun-0631-Mar-0631-Dec-05
Total Revenue1,282,000  1,261,000  1,262,000  1,200,000  
Cost of Revenue716,000  720,000  689,000  673,000  
Gross Profit566,000  541,000  573,000  527,000  
Operating Expenses
Research Development127,000  128,000  124,000  123,000  
Selling General and Administrative218,000  194,000  223,000  203,000  
Non Recurring15,000  (56,000)191,000  (70,000)
Others2,000  3,000  3,000  2,000  
Total Operating Expenses362,000  269,000  541,000  258,000  
Operating Income or Loss204,000  272,000  32,000  269,000  
Income from Continuing Operations
Total Other Income/Expenses Net59,000  29,000  44,000  19,000  
Earnings Before Interest And Taxes263,000  301,000  76,000  288,000  
Interest Expense18,000  18,000  20,000  24,000  
Income Before Tax245,000  283,000  56,000  264,000  
Income Tax Expense33,000  24,000  (2,000)487,000  
Minority Interest(6,000)(1,000)(1,000)1,000  
Net Income From Continuing Ops438,000  514,000  257,000  389,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -  (422,000)
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income438,000  514,000  257,000  (33,000)
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$438,000  $514,000  $257,000  ($33,000)

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