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Kodak Posts Loss of $52M in Fourth Quarter
AP Business Writer


Chart shows Eastman Kodak quarterly revenue from digital and traditional businesses.
AP Graphic


Tina Burke, employee, demonstrates a Kodak EasyShare C340 digital camera at Delaware Camera in Williamsville, N.Y.
AP Photo/David Duprey


Burke uses the touchpad to demonstrate the Kodak digital photo printing kiosk.
AP Photo/David Duprey


For the first time, Eastman Kodak Co. is generating more annual sales from digital imaging than from film-based photography, yet its mammoth overhaul brought more pain Monday, a fifth consecutive quarterly loss largely due to restructuring costs.
AP Photo/David Duprey



Kodak said its digital camera sales rose 41 percent in the quarter, while sales of home printers and accessories soared 65 percent and kiosk sales were up 23 percent. But its digital and film imaging sales fell 3 percent to $2.51 billion and its operating profit dropped to $76 million from $135 million a year ago.

Health imaging sales fell 6 percent to $700 million, and operating earnings fell to $83 million from $113 million.

Graphic communications sales soared 141 percent to $942 million, helped in part by its $980 million buyout of Canada's Creo Inc., and operating earnings reached $40 million, compared with a loss of $15 million a year ago.

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On the Net: http://www.kodak.com


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