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 Dow Up0.13% Nasdaq Down0.10%

Corning Inc. (GLW)

-NYSE
22.05 Up 0.03(0.14%) 4:01PM EDT
|After Hours : 22.17 Up 0.12 (0.54%) 6:37PM EDT
Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2013Dec 31, 2012Dec 31, 2011
Total Revenue 7,819,000   8,012,000   7,890,000  
Cost of Revenue4,495,000  4,693,000  4,314,000  
Gross Profit 3,324,000   3,319,000   3,576,000  
Operating Expenses
Research Development710,000  769,000  668,000  
Selling General and Administrative1,126,000  1,205,000  1,028,000  
Non Recurring86,000  147,000  153,000  
Others31,000  19,000  15,000  
Total Operating Expenses1,953,000  2,140,000  1,864,000  
Operating Income or Loss 1,371,000   1,179,000   1,712,000  
Income from Continuing Operations
Total Other Income/Expenses Net675,000  97,000  137,000  
Earnings Before Interest And Taxes2,593,000  2,086,000  3,320,000  
Interest Expense120,000  111,000  89,000  
Income Before Tax2,473,000  1,975,000  3,231,000  
Income Tax Expense512,000  339,000  414,000  
Minority Interest -   -   -  
Net Income From Continuing Ops2,508,000  2,446,000  4,288,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 1,961,000   1,636,000   2,817,000  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 1,961,000   1,636,000   2,817,000  

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