Industry News

Kodak Reports Improvement in Earnings for Second Quarter

Reported $157 million loss from continuing operations before provision for income taxes in the second quarter, a 49 percent improvement from the loss reported in the prior-year quarter

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported a $157 million loss from continuing operations before provision for income taxes in the second quarter, a 49% improvement from the $306 million loss reported in the prior-year quarter. The loss from continuing operations in the quarter was $208 million, compared to $297 million in the prior-year quarter. The current quarter loss includes $101 million in restructuring and reorganization costs and a $51 million provision for income taxes, attributable in part to the ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters