Eastman Kodak Company reported steady progress toward becoming a profitable and sustainable digital company as third-quarter digital earnings improved, excluding non-recurring patent licensing revenue in the prior-year period, and sales increased in its core digital growth businesses. Total company revenue declined largely because of lower sales of traditional products, a planned reduction in digital camera sales, and the absence, compared to the year-ago period, of significant non-recurring patent licensing revenue. Third-quarter sales were $1.462 billion, a 17 percent decrease from the year-ago quarter or only 5% when excluding the benefit of a $210 million non-recurring patent licensing transaction in...
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Kodak’s Quarterly Report Highlights Progress in Business Transformation
November 3, 2011
From News
While Kodak’s third-quarter sales totaled $1.462 billion, a 17 percent decrease, revenue from key digital businesses—Consumer and Commercial Inkjet, Workflow Software & Services, and Packaging Solutions—increased 13 percent, fueled by 44 percent revenue growth in Consumer Inkjet and 89 percent revenue growth in Packaging Solutions.
Kodak Reports Improved Profits; Inkjet Businesses Show Revenue Growth
October 28, 2010
From News
Revenue from the company’s digital commercial printing businesses grew by 13 percent in the third quarter, including 23 percent growth in commercial inkjet printing. Third-quarter sales were $1.758 billion, a 1 percent decrease from the year-ago quarter. Earnings were $58 million, a $139 million improvement as compared to an $81 million loss in the year-ago quarter.
