Kodak Reports Key Businesses Gaining Momentum

• Segment Research and Development (R&D) expenses were $82 million, a $6 million decline from the prior-year quarter. On a GAAP basis, R&D expenses were $78 million in the first quarter, in line with the year-ago quarter.

• Kodak held $1.3 billion in cash and cash equivalents as of March 31, 2011, compared with $1.5 billion on the same date a year ago.