Eastman Kodak Co., undergoing a bumpy transition to digital photography, reported its fifth consecutive quarterly loss Monday but handily beat Wall Street forecasts. For the first time, the company said it generated more annual sales from digital imaging than from film-based technology.
Largely because of restructuring costs, Kodak lost $52 million (18 cents a share) in the fourth quarter, compared with a loss of $59 million (20 cents) a year ago. Sales rose 12 percent to $4.2 billion.
