Industry News

Kodak Reports 1Q 2020 Financial Results

Reports consolidated revenues of $267 million, will continue emphasis on digital printing.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported financial results for the first quarter 2020, including consolidated revenues of $267 million and GAAP net loss of $111 million for the quarter ended March 31, 2020.  Current quarter net loss includes expense of $167 million related to the increase in deferred tax valuation allowances for locations outside the US and income of $53 million related to the change in fair value of embedded derivatives in the Series A Preferred Stock and Convertible Notes. Operational ...

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