Kodak Snaps Back

Today the company updated investors on its progress toward that end. The company sees operating profits from its digital business (which includes the consumer side that most of us are familiar with, as well as the health-care imaging group) soaring by 300%. It sounds impressive, although it will miss the company's original projected range of $275 million to $325 million. This will happen despite digital revenue growth exceeding its 2005 target of 36%. In other words, business is good, but not quite as profitable as first expected because of tighter margins along the way.

Source: Motley Fool


Posted: Wed - September 28, 2005 at 05:48 PM