Eastman Koda (EK)

Q4 2010 Earnings Call

January 26, 2011 11:00 am ET


Antonio Perez - Chairman, Chief Executive Officer and Chairman of Executive Committee

Antoinette McCorvey - Chief Financial Officer and Senior Vice President

Sandra Rowland - Vice President of Corporate Finance Group and Director of Investor Relations


Arun Seshadri - Credit Suisse

Chris Whitmore - Deutsche Bank AG

Ananda Baruah - Brean Murray, Carret & Co., LLC

Ulysses Yannas - Buckman & Reid

Mark Kaufman - Rafferty Capital Markets, LLC

Shannon Cross - Weeden & Co. Research



Good morning, ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter 2010 Sales and Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Sandra Rowland, Director of Investor Relations. Please go ahead, ma'am.

Sandra Rowland

Good morning, and thank you for joining us for today for Kodak's fourth quarter 2010 sales and earnings conference call. Here with me today are, Antonio M. Perez, Kodak’s Chairman and CEO; as well as Ann McCorvey, Kodak's Chief Financial Officer. Antonio will begin this morning with his observations on the quarter, and then Ann will provide a review of the quarterly financial performance.

Certain statements during this conference call and question-and-answer session, may be forward-looking in nature or forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. For example, references to the company’s expectations regarding the following are forward-looking statements: Revenue; revenue growth; cost of goods sold; savings from restructurings and rationalization; product pricing; gross margins, earnings; earnings growth; cash generation; emerging markets growth; demand for and performance of our products, consumables and services, including commercial inkjet, consumer inkjet, workflow software, prepress packaging printing solutions and products for thin film displays and special chemistry; commodity cost; potential revenue; cash and earnings from intellectual property licensing; liquidity; and debt.

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