Corning Incorporated

Industry: Communications Equipment

Fortune Rank: 391

Corning Inc. is a global, technology-based Corp. that operates in two broadly based business segments: Telecommunications and Technologies. For the 6 months ended 6/30/05, revenues rose 21% to $2.19B. Net income from cont. ops. totaled $414M, up from $163M. Results reflect the continued growth in the Display Technologies segment, decreased loss on retirement of debt, and lower interest expenses.

Corning Incorporated (Corning) is a global, technology-based corporation that operates in four business segments: Display Technologies, Telecommunications, Environmental Technologies and Life Sciences. Corning's Display Technologies segment manufactures glass substrates for active matrix liquid crystal displays (LCDs). The Telecommunications segment produces optical fiber and cable, and hardware and equipment products for the worldwide telecommunications industry. Corning's environmental products include ceramic technologies and solutions for emissions and pollution control in mobile and stationary applications around the world. Life Sciences laboratory products include microplate products, coated slides, filter plates for genomics sample preparation, plastic cell culture dishes, flasks, cryogenic vials, roller bottles, mass cell culture products, liquid handling instruments, Pyrex glass beakers, pipettors, serological pipettes, centrifuge tubes and laboratory filtration products.

Corning Incorporated

Corning Incorporated is a Fortune 500 company. In 2010 Corning Incorporated was ranked number 391 on the Fortune 500 list, making it the 391st largest company in the United States when judged by revenue.

Corning Incorporated achieved revenue of $5,395.00 million in 2010 and earned a profit of $2,008.00 million.

Corning Incorporated' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 391st compared to 414th in 2009. This was based on its 2009 revenue of $5,948 million (a change of 0 million compared to 2010) and profits of $5,257 million (a change of $-3 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Corning Incorporated would be ranked 71st rather than 391st due to its profits of $2,008 in 2010.

Corning Incorporated Revenue* Profit* Fortune Ranking

* US$ Million

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