Kodak Takes Hit in Q4, Full-Year Gross Profit Improves

Segment sales and earnings from continuing operations before interest expense, taxes, and other income and charges (segment earnings from operations), were as follows:

• Graphic Communications Group full-year 2010 sales were $2.681 billion, a 2 percent decline from the prior year. Full-year loss from operations for the segment was $29 million, a $13 million improvement from the prior-year. The year-over-year earnings improvement was driven by cost improvements in electrophotographic products and lower raw material costs.