GLW Q2 2020 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$114B

Q2 2020 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2.6B-12.9% YoY

Gross Profit

$756M29.5% margin

Operating Income

-$103M-4.0% margin

Net Income

-$71M-2.8% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$550M

Free Cash Flow

$262M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$27.5B

Total Liabilities

$15.4B

Stockholders' Equity

$12.0B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.9B	-12.9%
Gross Profit	$756M	$1.1B	-29.0%
Operating Income	-$103M	$374M	-127.5%
Net Income	-$71M	$92M	-177.2%

Revenue Segments

Optical Communications

$887M35%

Display Technologies

$753M30%

Specialty Materials

$417M17%

Life Sciences

$243M10%

Environmental Technologies

$226M9%