Industry News, Ink Manufacturers News, Printers News

Kodak Reports Net Earnings for 2016 of $16 Million

Revenues for 2016 were $1.5 billion.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported financial results for the fourth quarter and full year 2016, delivering net earnings of $16 million on revenues of $1.5 billion and continued growth in key product lines.   GAAP net earnings were $16 million for the year ended Dec. 31, 2016, an improvement of $91 million over 2015. Operational EBITDA for the year was $144 million. Revenues for 2016 were $1.5 billion, compared with revenues of $1.7 billion for 2015, down $166 million, or 10%. The company ended 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