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Kodak Narrows Loss on a Comparable Basis in First Quarter

Momentum builds in strategic technology businesses

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported a net loss of $36 million for the first quarter of 2014. On a comparable basis, the net loss in 2013 would have been $85 million, or $54 million greater than the comparable net loss in 2014 of $31 million. On a GAAP basis, the net earnings in 2013 were $283 million, which included Other Operating Income, net of $494 million, primarily from a gain of $535 million from the sale of the digital imaging patent portfolio.   Sales for the first quarter of 2014 were $482...

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