Kodak Lost $1 Billion In 2012

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Updated: 3/12 12:10 am

Rochester, N.Y.- Kodak reported a loss of more than $1 billion in 2012.

In a filing released Monday, the company reported nearly $700 million of a $1.07 billion loss came in reorganization and restructuring costs.

Revenue for 2012 totalled more than $4 billion.

According to a statement from the company, Kodak remains on pace to emerge from bankruptcy by the middle of this year.

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