Kodak reports earnings increase

ROCHESTER, N.Y. – Eastman Kodak Co. (NYSE: EK) reported a $121 million year-over-year improvement in its pre-tax results from continuing operations and also claimed profit margin gains in all of its major business units.

The company reported in a press release that it had increased its second-quarter digital earnings by $97 million and raised its traditional earnings by $31 million.

“Our second quarter results reinforce our confidence in our full-year performance,´ said Antonio Perez, Kodak’s chairman and CEO. “Revenues during the second quarter were in line with our expectations. I’m pleased with our first-half results, and I remain confident in our ability…