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Kodak Posts 3Q 2016 Profit of $12 Million

Compares with a net loss of $21 million for the same period a year ago.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported financial results for the third quarter, ended Sept. 30, 2016, delivering continued profitability on a GAAP basis driven by improved operations.   Highlights include: •  GAAP net earnings were $12 million for the quarter ended Sept. 30, 2016, compared with a net loss of $21 million for the same period a year ago. Income from continuing operations was $22 million for the quarter, a $28 million improvement over the prior year. •  The company ended the quarter wit...

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