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Kodak restates 2003, 2004 profits

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KodakKodak restated its profits for 2003 and 2004 due to accounting adjustments for tax and pensions, but said the change did not affect its revenue or "financial strength." The company stated that 2004 net income was $556 million, or $93 million less than previous statements. The company reported a net 2003 income of $253 million, or $12 million less than previous statements.

Posted April 7, 2005 07:46 AM

 

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