Non-cash accounting charges undermined Corning Inc's results for the third quarter 2004, although quarterly sales of $1.006BN were the highest since the fourth quarter 2001, the company reported on 20 October/04. The diversified technology company incurred a net loss of $2.491BN or $1.78/share, including a number of noncash special items that cut results by $2.704BN, or $1.92/share in the quarter.
Origin
Unknown
Journal Title
Glassonline News 20/10/04
Sector
News Items
Class
N 1589