Summary
Corning Incorporated's (GLW) 10-Q filing for the quarterly period ending June 30, 2003, indicates the company is operating as an accelerated filer, signifying a degree of financial maturity and reporting regularity. The filing includes unaudited financial statements for the second quarter and first half of 2003, covering statements of operations, balance sheets, and cash flows, along with detailed notes and management's discussion and analysis. Investors should note the filing pertains to the period immediately following the Dot-com bubble, a time when many technology-related companies experienced significant shifts in market conditions and demand, particularly in segments like optical fiber.
Key Highlights
- 1The filing covers the unaudited financial results for the second quarter and the first six months of 2003.
- 2Corning Incorporated is identified as an 'accelerated filer', suggesting adherence to more stringent SEC reporting timelines.
- 3Key financial statements provided include Consolidated Statements of Operations, Consolidated Balance Sheets, and Consolidated Statements of Cash Flows.
- 4The report includes Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations, offering management's perspective on performance.
- 5The filing details the number of outstanding common shares as of June 30, 2003, totaling 1,262,319,619.
- 6Quantitative and Qualitative Disclosures About Market Risk are included, providing insights into how the company manages financial risks.
- 7The report also addresses Legal Proceedings and other miscellaneous information relevant to the company's operational and financial standing.