Exhibit 99



FOR RELEASE –– JANUARY 27, 2015

Corning Announces Fourth-Quarter and Full-Year Financial Performance

Company achieves $10 billion* in core sales milestone;
Annual core EPS grows 24%

CORNING, N.Y. — Corning Incorporated (NYSE: GLW) today announced its results for the fourth quarter and full year of 2014.

Fourth-Quarter Highlights
·  
Core earnings per share were $0.45*, a 55% increase over last year’s fourth quarter. These results were better than anticipated and completed the company’s ninth consecutive quarter of year-over-year core earnings growth. GAAP earnings per share were $0.70.
·  
Core sales were $2.6 billion*, a 30% increase from the comparable period last year. GAAP sales were $2.4 billion.
·  
In the Display Technologies segment, LCD glass volume remained strong as retail demand for large screen TVs continued.
·  
All of Corning’s business segments delivered year-over-year quarterly sales gains.

Full-Year Highlights
·  
Core sales were $10.2 billion*, a 29% increase from $7.9 billion last year, marking a record year in sales performance for the company. GAAP sales were $9.7 billion.
·  
Core earnings per share were $1.53*, a 24% year-over-year improvement compared with last year’s full-year EPS of $1.23*. GAAP earnings per share were $1.73.
·  
The very successful integration of Corning Precision Materials Co., Ltd. resulted in pretax synergies of greater than $100 million, which exceeded the company’s original expectations.

Fourth-Quarter Financial Comparisons
(In millions, except percentages and per-share amounts)

 
Core Performance*
 
Q4 2014
Q4 2013
% Change
Core Net Sales
$2,602
$2,005
30%
Core Equity Earnings
$116
$121
(4)%
Core Earnings
$630
$410
54%
Core EPS
$0.45
$0.29
55%
 
 
GAAP
 
Q4 2014
Q4 2013
% Change
Net Sales
$2,404
$1,956
23%
Equity Earnings
$23
$70
(67)%
Net Income
$988
$421
135%
EPS
$0.70
$0.30
133%


© 2015 Corning Incorporated. All Rights Reserved.
-1-

The following information was filed by Corning Inc Ny (GLW) on Tuesday, January 27, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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