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

Fourth-quarter 2010 sales were $757 million, a 3 percent decline from the fourth quarter of 2009. Fourth-quarter earnings from operations for the segment were $12 million, as compared with $36 million in the year-ago quarter. This earnings decline includes increased investment to support future growth opportunities in Commercial Inkjet and Workflow Software and Services, as well as negative price/mix in digital plates.