Kodak Lost $206 Million in Q4 2001

Kodak lost a total of $206 million in the last quarter of 2001. This is a net loss of 71 cents per share for that period. Sales dropped 6% dragged down by a 10% drop in film sales. "Our strategy during this difficult economic year has been to strengthen our balance sheet so that the company will be in a better financial position once the recovery begins,'' said chief executive Dan Carp.

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