Kodak isn't doing too well. The company spent large amounts of money in 2012; in fact it lost $1.38 billion last year, which is double the amount it lost in 2011. However it is surprisingly on track to leave bankruptcy. The company hopes focusing on commercial digital printing will help bring the company out of its financial difficulty.
CEO Antonio Perez said: "We progressed in 2012 by maintaining absolute focus on our customers. We earned our customers’ continuing loyalty, and look forward to moving ahead with even deeper business relationships built around the industry’s most comprehensive and innovative portfolio of solutions."
Time will tell if the company will recover.
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