Financial News Roundup


Kodak’s Q1 Consumer Digital, Film Sales Down
Rochester, N.Y. — Eastman Kodak reported lower sales in its consumer digital unit along with its film and photofinishing system business, with a $94 million loss for the former and lower profits for the latter during the first quarter, ended March 31.

Garmin Reports Higher Sales, Profits

Olathe, Kan. — Garmin reported $322.3 million in revenue for the first quarter, ended April 1, a 67 percent increase over $192.7 million from the prior year’s opening quarter.

Plantronics: Higher Q4 Rev, Lower Income

Santa Cruz, Calif. — Plantronics reported $750 million in revenue for fiscal year 2006, an increase of 34 percent from $560 vs. the previous year.

InFocus Q1 Revenue Drops 18%

Wilsonville, Ore. — First-quarter revenue for digital video projector manufacturer InFocus dropped 18 percent from a year ago, to $112 million, contributing to a posted net loss of $16.4 million.


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