Kodak medical sales edge up on global growth

Eastman Kodak Health Imaging turned in second-quarter worldwide sales of $571 million, up 1% compared with the $565 million reported for the same period a year ago. Net sales in the U.S. were $251 million, down 8% from the $273 million reported in for the third quarter of 2002. Net sales outside the U.S. were $320 million, a 10% increase compared with $292 million reported for the same quarter last year.

For the period (end-September 30), the Rochester, NY-based company’s Health Imaging division had operating earnings of $117 million for the third quarter of 2003, down from the $126 million posted in the same period last year. Gross profit for the Health Imaging segment was $250 million compared with $246 million for the year-ago quarter, representing a 2% increase.

Quarterly highlights included a 4% increase in sales of digital radiography and computed radiography systems, as well as PACS networks, compared with the third quarter of 2002, Kodak said.

By AuntMinnie.com staff writers
October 23, 2003

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