By Alex Crichton
Rochester, NY – Kodak says it will build on the momentum it generated in the second half of last year, and is looking forward to a profitable 2010.
CEO Antonio Perez said the company is on track toward sustained profitability as it emerged from global turndown a leaner, more competitive company.
Kodak is forecasting digital revenues to grow five to nine percent this year, and the company expects 2010 earnings from continuing operations to range from negative 50-million to positive 50-million.
Kodak also expects to have a cash balance around 2-billion dollars by year's end.
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