I ran across this info on the net about Kodak's 2010 year performance and their Film, Photofinishing and Entertainment Group performance. They look like their doing better then the year before, so it's not all Doom and Gloom although 4th quarter was off.
On the basis of U.S. generally accepted accounting principles (GAAP), the company reported a full-year 2010 loss from continuing operations of $58 million, or $0.22 per share, reflecting a $174 million improvement as compared with a loss of $232 million, or $0.87 per share in the year-ago period. The company’s digital businesses delivered $301 million in earnings from operations for the year, a $308 million improvement from 2009.
For the fourth quarter of 2010, the company reported revenues of $1.927 billion, a 25% decrease from the year-ago quarter. Revenue from the company’s core growth businesses increased by 23%, while overall digital revenue totaled $1.488 billion, a 25% decrease from $1.991 billion in the prior-year quarter. This revenue decline largely reflects the timing of intellectual property licensing revenues as well as industry-related pricing pressures in Prepress Solutions and Digital Capture & Devices, partially offset by the revenue increase in the company’s core growth businesses. Revenue from the company’s traditional business decreased 25% to $439 million for the fourth quarter.
Film, Photofinishing and Entertainment Group full-year 2010 sales were $1.767 billion, a 22% decline from the prior year. Full-year 2010 earnings from operations for the segment were $62 million, compared with $159 million in the prior year. Fourth-quarter sales were $439 million, a 25% decline from the year-ago quarter. Fourth-quarter loss from operations for the segment was $3 million, compared with earnings on the same basis of $53 million in the year-ago period. This decrease in earnings was primarily driven by industry-related declines in volumes and increased raw material costs, partially offset by cost reductions across the segment.