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Kodak Reports 3Q 2015 Financial Results

Company is on track to achieve revenue and earnings goals for 2015.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported financial results for the third quarter of 2015, ended Sept. 30. Highlights of the quarter included GAAP net loss of $21 million compared with net earnings of $19 million in Q3 of 2014. Total SG&A and R&D expenses totaled $74 million for Q3 of 2015.   Key product lines achieved strong sales growth. Volume for KODAK SONORA Process Free Plates increased by 41%, while volume for KODAK FLEXCEL NX Plates grew by 32%. Revenues from the KODAK PROSPER Portfolio i...

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