Kodak Reports Improved Profits; Inkjet Businesses Show Revenue Growth

• Gross Profit improved to 27.1 percent of sales, as compared to 20.3 percent in the year-ago period. This increase in margin was driven by both a non-recurring intellectual property licensing agreement and continued operational improvements.

• Selling, General and Administrative (SG&A) expenses were $314 million in the third quarter, down 1%, from $318 million in the year-ago quarter.