*NEWS*KODAK POSTS 1ST Q. LOSS OF $298MIL

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*NEWS*KODAK POSTS 1ST Q. LOSS OF $298MIL

 user 2006-05-11 at 11:36:00 am Views: 84
  • #15409

    Kodak posts Q1 loss
    May 2006 – Rochester (NY): Kodak has posted a Q1 loss of $298 million, largely due to restructuring costs.The result compared to a loss of $146 million, or $0.51 per share, in the comparable period last year. Sales rose 2 per cent to $2.89 billion from $2.83 billion for the same period the year before. Excluding one-time items, Kodak lost $99 million or $0.34 per share