Kodak's health sales, earnings dip

AuntMinnie.com staff writers

Jan 31, 2007

Declines in its traditional radiography and digital output businesses contributed to a decline in fourth-quarter sales and earnings for Eastman Kodak Health Group.

The Rochester, NY-based firm had sales of $660 million, down 6% compared with the fourth quarter of 2006. Kodak had operating earnings of $86 million during the period (end-December 31), compared with $87 million last year.

Sales increases in healthcare information systems, digital dental products, and digital capture offerings were offset by the declines in its traditional radiography and digital output businesses.

The health division's pending acquisition by Canadian investment firm Onex is expected to close in the first half of 2007.

By AuntMinnie.com staff writers
February 1, 2007

Related Reading

Onex selects Carestream Health as Kodak Health Group's moniker, January 30, 2007

Kodak Canada expands RIS development, January 18, 2007

Kodak, Confirma ink deal, January 17, 2007

Kodak awarded Amerinet contract, January 10, 2007

Kodak to sell health division to Canadian investment firm Onex, January 10, 2007

Copyright © 2007 AuntMinnie.com

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