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Kodak Flashes to Profit

Stock quotes in this article: EK  

Eastman Kodak (EK Quote) swung to a third-quarter profit amid lower restructuring costs and higher revenue from its efforts to focus on digital photography.

The camera and picture-printing concern recorded third-quarter earnings from continuing operations of $34 million, or 12 cents a share, compared with a year-earlier loss of $83 million, or 29 cents a share.

The results included restructuring charges of $96 million, or 33 cents a share. The prior-year quarter included charges totaling $137 million, or 48 cents a share. ...

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