What were Corning's primary business segments during the 1999 fiscal year?

While the provided text is a directory listing and not the full report, Corning historically operated across several key segments. For the 1999 fiscal year, these likely included Optical Fiber, Environmental Products (e.g., catalytic converters), and Display Technologies (e.g., glass for CRT televisions). The booming telecommunications market suggests optical fiber was a particularly significant segment during this period.

Why is this filing listed as a 10-K/A (Annual Report Amendment)?

A 10-K/A filing indicates that Corning is amending its original 10-K filing for the fiscal year ended December 30, 1999. This typically occurs when a company discovers errors, omissions, or needs to provide updated information after the initial filing. Investors should review the amendment to understand what specific changes were made and their potential impact.

What are the key financial metrics investors should look for in this report?

Investors should focus on revenue growth across different segments, gross margins, operating income, net income, and earnings per share (EPS). Additionally, information on cash flow from operations, capital expenditures, debt levels, and any significant acquisitions or divestitures would be important for assessing the company's financial health and strategic direction.

Given the filing date of March 7, 2000, what was the economic environment likely impacting Corning?

The filing in early 2000 falls during the dot-com boom. The telecommunications sector was experiencing massive investment, driving demand for optical fiber. However, this era was also characterized by high market valuations and potential economic volatility as the bubble neared its peak. Corning's performance would be closely watched in this dynamic environment.

GLW 10-K FY1999 Annual Report — Revenue, Net Income, EPS

Summary

This 10-K filing from Corning Inc. for the period ending December 30, 1999, presents the company's annual financial performance and operational overview. As a leader in specialty glass and ceramics, Corning's performance is driven by its diverse product portfolio, which at the time likely included optical fiber for the burgeoning telecommunications industry, environmental products, and display technologies. Investors would be keen to understand the company's revenue streams, profitability trends, and strategic investments, particularly in R&D and capacity expansion, to gauge its competitive positioning and future growth prospects in rapidly evolving markets.

Key Highlights

1Corning Inc. (GLW) filed its 10-K annual report for the period ending December 30, 1999, on March 7, 2000.
2The filing covers the company's financial performance and operational highlights for the fiscal year 1999.
3As a diversified technology company, Corning likely presented results across its key segments, which historically included optical fiber, environmental products, and display technologies.
4Investors would focus on revenue growth, profitability, and any significant capital expenditures or strategic initiatives disclosed.
5The period leading up to 2000 was marked by rapid growth in telecommunications, suggesting optical fiber would be a significant driver of performance.
6The filing is an amendment (10-K/A), indicating potential revisions or additions to previously submitted information, which warrants close examination of the changes.
7Details on research and development investments would be crucial for understanding Corning's commitment to innovation and long-term competitiveness.

CORNING INC /NY Annual Report (Amendment), Year Ended Dec 31, 1999

Summary

Key Highlights

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