Kodak Reports Improved Profits; Inkjet Businesses Show Revenue Growth
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Profits from the company’s digital portfolio showed year-over-year improvement for the fourth consecutive quarter. Third-quarter revenue from the company’s Film, Photofinishing and Entertainment Group declined by 25 percent.
On the basis of U.S. generally accepted accounting principles (GAAP), the company reported a third-quarter loss from continuing operations of $43 million, compared with a loss of $111 million in the year-ago period.
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- Companies:
- Eastman Kodak
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