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Results reflect improved operating and cash performance.
May 6, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Eastman Kodak Company reported financial results for the first quarter 2016, demonstrating continued improvement in operating and cash flow performance. GAAP net loss was $15 million, compared to a net loss of $54 million in 2015. Income from continuing operations before income taxes was $2 million for the quarter ended March 31, 2016, compared to a loss of $32 million for the quarter ended March 31, 2015. The company ended the quarter with a cash balance of $513 million. This reflects a d...
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