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Kodak Reports 2015 4Q, Year-End Financial Results

Company exceeds earnings goal for the year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported financial results for the fourth quarter and full year of 2015, delivering earnings higher than full-year guidance and reflecting significant progress in the Kodak transformation.   Revenues for the year ended Dec. 31, 2015, of $1.8 billion, compared to revenues of $2.1 billion for the year ended Dec. 31, 2014, a reduction of approximately $0.3 billion, or 15%. The company ended the year with a cash balance of $547 million. This reflects an increase in cash of $2...

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