Kodak Unveils Reorganization Plan, Enjoys Strong Q1
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The company also released its quarterly results, registering $283 million in consolidated net earnings in the first quarter of 2013, compared to a $366 million loss in the prior-year quarter. The profitable quarter reflects improved results of the Commercial Imaging segments and includes a $535 million gain recorded on the sale of Kodak’s digital imaging patent portfolio, partially offset by a $77 million non-cash goodwill impairment charge related to the patent sale.
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- Companies:
- Eastman Kodak
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