Eastman Kodak Co. (EKDKQ.PK) Monday reported a wider loss for the fiscal year 2012, as revenues plunged 20 percent from last year.
Net loss for the year widened to $1.38 billion from last year. Excluding reorganization and restructuring costs, adjusted loss was $308 million.
Operating loss from commercial imaging segments narrowed to $244 million from $522 million last year.
Full-year revenues totaled $4.11 billion, down 20 percent from last year, reflecting a weak economy, soft industry demand, and unfavorable foreign exchange impact.
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