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