8-KOther Events

CORNING INC /NY 8-K Report (Jan 22, 2004)

Filed January 22, 2004For Securities:GLW

Summary

Corning Incorporated (GLW) filed an 8-K on January 22, 2004, reporting on its financial results for the fourth quarter and full year ended December 31, 2003. The filing primarily serves to attach a press release detailing these results and related financial information. Investors should note that the press release includes non-GAAP financial measures, with reconciliations provided in an accompanying exhibit. This report signals the conclusion of Corning's 2003 fiscal year and provides insight into the company's performance during the final quarter and the preceding twelve months. Investors will need to refer to the attached press release and reconciliation exhibits for the specific financial figures, trends, and any commentary on segment performance or outlook provided by management. The inclusion of non-GAAP measures suggests management's focus on specific operational aspects that they believe are more indicative of the company's underlying performance.

Key Highlights

  • 1Corning Inc. filed a Form 8-K on January 22, 2004, to report its financial results for the fourth quarter and full year ended December 31, 2003.
  • 2The filing primarily attaches a press release (Exhibit 99.1) containing the company's financial results.
  • 3Key financial results and commentary are expected to be detailed within the attached press release.
  • 4The report acknowledges the use of non-GAAP financial measures.
  • 5Reconciliations of non-GAAP measures to the most directly comparable GAAP measures are provided as Exhibit 99.2.
  • 6This filing marks the official reporting of year-end 2003 financial performance.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose Corning Incorporated's financial results for the fourth quarter and the full fiscal year ended December 31, 2003, as required by Regulation FD and SEC rules.

The specific financial results, performance details, and management commentary are contained within the press release attached as Exhibit 99.1 to this 8-K filing.

Non-GAAP financial measures are financial metrics that exclude or include amounts different from the closest measure under GAAP (Generally Accepted Accounting Principles). Companies often present these to provide investors with additional insights into their operational performance, potentially excluding items they believe are not representative of core business activities. Corning has provided a reconciliation to show how these non-GAAP measures relate to their GAAP equivalents.

The financial results reported are for the quarter and full year ended December 31, 2003. The press release detailing these results was issued on January 22, 2004, and the 8-K filing date is also January 22, 2004.