Kodak Reports 17 Percent Decrease in Revenues
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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.
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- Companies:
- Eastman Kodak Co.
- People:
- Antonio M. Perez
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