Kodak sales, earnings down in Q4

Eastman Kodak Health Group reported a drop in fourth-quarter revenues, while the division's operating profit also fell.

For the period (end-December 31), Kodak's health business posted sales $700 million, down 6% compared with the $742 million booked in the fourth quarter of 2004. The Rochester, NY-based vendor had earnings from operations for the period of $83 million, compared with $113 million last year.

Kodak said quarterly highlights included a 45% increase in healthcare information system sales.

By AuntMinnie.com staff writers
January 31, 2006

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