Kodak Reports Revenue Decline for Quarter, Digital Profits Improve

• Consumer Digital Imaging Group second-quarter sales were $447 million, compared with $503 million in the prior-year quarter. Second-quarter loss from operations for the segment was $110 million, compared with a loss of $99 million in the year-ago quarter. This decrease in earnings was largely driven by the expiration of a significant Retail Systems Solutions customer contract and increased advertising investment, partially offset by improved profitability in Consumer Inkjet Systems and Digital Cameras and Devices.