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Kodak posts net loss, announces more layoffs

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Kodak.jpegKodak cited restructuring costs in posting a $146 million net loss, which is about 51 cents a share. Excluding restructuring costs and other one-time charges, the company posted a proft of 53 cents a share. Also, the company announced up to 10,000 more job cuts this year due to a faster-than-expected market shift away from traditional film photography

Posted July 20, 2005 07:57 AM

 

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