Kodak Reports Key Businesses Gaining Momentum
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Other first-quarter 2011 details:
• The company’s first-quarter loss from continuing operations, before interest expense, other income (charges), net, and income taxes was $227 million, compared with $389 million in earnings in the year-ago quarter. This earnings decline primarily reflects the impact of a non-recurring intellectual property transaction in the first quarter of 2010 that was not repeated in the first quarter of 2011.
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- Companies:
- Eastman Kodak
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