|
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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