Despite declining sales of film, Eastman Kodak Company said Thursday it had recorded profits in the April-to-June quarter, largely by cutting costs, according to dpa. Eastman Kodak earned 592 million dollars, or 2.06 dollars per share, for the quarter after reporting losses of 282 million dollars, or 98 cents per share, in the year-earlier period. The Rochester, New York-based company said revenues fell to 2.5 billion dollars from 2.7 billion a year earlier. For the first half of the year, revenues declined to 4.6 billion dollars from 5 billion dollars in 2006. Profits for the first half were 441 million dollars, or 1.53 dollars per share.
