GLW Q3 2020 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$114B

Q3 2020 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.0B+2.3% YoY

Gross Profit

$1.0B33.4% margin

Operating Income

$257M8.6% margin

Net Income

$427M14.2% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

+17.2%

Cash Flow

Operating Cash Flow

$608M

Free Cash Flow

$455M

Stock-Based Comp.

$62M

Balance Sheet

Total Assets

$30.3B

Total Liabilities

$17.4B

Stockholders' Equity

$12.7B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.9B	+2.3%
Gross Profit	$1.0B	$1.0B	-1.6%
Operating Income	$257M	$365M	-29.6%
Net Income	$427M	$337M	+26.7%

Revenue Segments

Optical Communications

$909M31%

Display Technologies

$827M28%

Specialty Materials

$570M20%

Environmental Technologies

$379M13%

Life Sciences

$223M8%