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Corning Inc  (GLW)
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    Sector  Technology    Industry Communications Equipment
 

Corning Inc Income Statement Quarterly

GLW


Select the Financial Report:   Period:   Fiscal Year:

INCOME STATEMENT
(Quarterly GAAP In millions $)

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Revenue From Contract With Customer Excluding Assessed Tax - - -
Total Revenue 2,994.00 3,173.00 3,243.00 3,178.00 3,406.00
Cost of Revenue 2,083.00 2,169.00 2,230.00 2,175.00 2,491.00
Gross Profit 911.00 1,004.00 1,013.00 1,003.00 915.00
Selling, Administration, Marketing 514.00 468.00 440.00 421.00 517.00
Depriciation & Amortization 30.00 30.00 31.00 31.00 31.00
Research & development - - - - -
Restructuring, Settlement and Impairment Provisions - - - - -
Other operatinig exp. /-income 289.00 270.00 263.00 254.00 769.00
Special Items - - - - -
Research Development And Engineering Expenses - - - - -488.00
Total operating costs including COS 2,916.00 2,937.00 2,964.00 2,881.00 3,320.00
Operating income/-loss 78.00 236.00 279.00 297.00 86.00
Other Deductions / - Income
Interest expense 90.00 82.00 81.00 76.00 76.00
Interest income - - - - -
Net interest expense/-income -90.00 -82.00 -81.00 -76.00 -76.00
Investment Income, Interest -13.00 -10.00 -8.00 -7.00 -6.00
Foreign Currency Transaction Gain (Loss), Realized - - - - -
Sale of Business - - - - -
Financing Loss/ -Income - - - - -
Other loss/ -income 211.00 -53.00 -203.00 8.00 142.00
Translated Earnings Contract Gain Loss Net 8.00 - - -8.00 -
Total costs & expenses 3,032.00 2,956.00 2,834.00 2,950.00 3,380.00
Income /-loss before income taxes -38.00 217.00 409.00 228.00 26.00
Income taxes expenses/-benefit -10.00 35.00 106.00 37.00 31.00
Income after income taxes -28.00 182.00 303.00 191.00 -5.00
Net income/-loss of other equity - - - - -
Income/-loss from cont. Ops. -28.00 182.00 303.00 191.00 -5.00
Accounting change - - - - -
Discontinued operations - - - - -
Extraordinary items - - - - -
Net Income/-loss -28.00 182.00 303.00 191.00 -5.00
Noncontrolling interests -12.00 -18.00 -22.00 -15.00 -31.00
Prefered dividends - - - - -
Other - - - - -
Income/-loss to shareholder -40.00 164.00 281.00 176.00 -36.00
EBIT -128.00 135.00 328.00 152.00 -50.00
EBITD 187.00 445.00 640.00 462.00 265.00
EBITDA 217.00 475.00 671.00 493.00 296.00


Per Share (GAAP Quarterly, in $) (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Basic EPS (excl. extra items) -0.04 0.19 0.33 0.21 -0.04
   Extraordinary items 0.01 0.00 0.00 0.00 0.00
Basic Net EPS -0.05 0.19 0.33 0.21 -0.04
Basic shares outstanding (Mill. of Units) 815.35 863.16 851.52 838.10 860.03
   EPS other shares - - - - -
Diluted Net EPS -0.05 0.19 0.33 0.20 -0.04
Diluted average shares (Mill. of Units) 854.41 863.16 851.52 880.00 854.55
Dividend per share 0.29 0.285 0.301 0.272 0.276



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