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Kodak Second Quarter Losses Signal Emergence

Kodak is reporting a $157 million loss in its latest earnings report.
Kodak is reporting a $157 million loss in its latest earnings report.

But company officials say this is good news. Last year, Kodak lost $306 million in the second quarter. The losses this year are explained by restructuring costs and income taxes. CEO Antonio Perez says the company is still on track to emerge from bankruptcy in the third quarter.
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