Eastman Kodak Company
Industry: Photography

Eastman Kodak Company is engaged primarily in developing, manufacturing and marketing imaging products and services. The Company operates in four segments. The Consumer Imaging segment deals with photographic film, paper, chemicals, cameras, photo processing equipment, digitization services and photo-processing services. The Kodak Professional segment derives revenues from photographic film, paper, chemicals and digital cameras and graphics film products, sold to the Kodak Polychrome Graphics joint venture. The Health Imaging segment 's business focus is on medical film and processing equipment. The Other Imaging segment derives revenues from motion picture film and microfilm equipment and media, printers, scanners, document imaging software and consumer digital cameras and media.

Business Summary
Eastman Kodak Company (Kodak) is engaged primarily in developing, manufacturing and marketing traditional and digital imaging products, services and solutions to consumers, the entertainment industry, professionals, healthcare providers and other customers. As of December 31, 2004, the Company had five business segments: Digital & Film Imaging Systems (D&FIS), Health, Commercial Imaging, Graphic Communications and All Other. In January 2004, Kodak acquired Scitex Digital Printing, renamed Kodak Versamark. In May 2004, Kodak acquired Heidelberger Druckmaschinen AG's (Heidelberg) 50% interest in NexPress Solutions LLC. Kodak also acquired NexPress GmbH, a German subsidiary of Heidelberg that provides engineering and development support. In August 2004, Kodak sold its Remote Sensing Systems operation. In September 2004, Kodak purchased the imaging business of National Semiconductor Corporation, which develops and manufactures complimentary metal oxide semiconductor image sensor devices.

Financial Summary
For the nine months ended 30 September 2005, Eastman Kodak Company's revenues increased 3% to $10.07B. Net loss from continuing operations totaled $1.33B, vs. an income of $139M. Revenues reflect strong demand for the offerings from Graphic Communications and consumer digital portfolio. Net loss reflects increase in selling, general and administrative expenses, higher R&D costs and increased interest expense and lower gross margins.