GLW Q4 2023 Earnings — Corning Incorporated Revenue & Financial Results | Market Cap Arena

GLWCorning Incorporated

$119B

Q4 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.0B-12.1% YoY

Gross Profit

$911M30.4% margin

Operating Income

$78M2.6% margin

Net Income

-$40M-1.3% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$713M

Free Cash Flow

$434M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$28.5B

Total Liabilities

$16.6B

Stockholders' Equity

$11.6B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.4B	-12.1%
Gross Profit	$911M	$915M	-0.4%
Operating Income	$78M	$86M	-9.3%
Net Income	-$40M	-$36M	-11.1%