Kodak on Monday put out its financial results for 2012 overall. And the numbers were generally lousy, chief among them a net loss of almost $1.4 billion for the year. But minus the slightly more than $1 billion the company spent last year on restructuring and on all the costs associated with bankruptcy, such as vast fortunes spent on various attorneys and consultants, and Kodak lost $308 million last year—hundreds of millions less than it did in 2011 or 2010.
Overall for the year, Kodak had sales of $4.1 billion, down significantly from 2011’s $5.2 billion or 2010’s $6 billion....