Home / Today's Top Stories / Kodak’s third-quarter loss narrows

Kodak’s third-quarter loss narrows

Eastman Kodak Co. reported a net loss of $37 million, or 13 cents a share, compared with a loss of $914 million, or $3.18 a share, a year ago. Analysts had expected profits of 19 cents a share. Sales totaled $3.2 billion, down 10 percent from $3.55 billion a year ago, largely due to a 19 percent drop in traditional sales, Kodak said. Digital earnings were $105 million, compared with $7 million a year ago—the first time the quarterly digital earnings growth exceeded the quarterly decline in traditional earnings, Kodak said.
This story will be updated later today.

x

Check Also

From left, Dani Polidor, Sabine Mornet-Sally and Deputy Mayor Cedric Alexander.

Cowork Downtown facility officially opens (access required)

Deputy Mayor Cedric Alexander was joined by state Sen. Joe Robach and city councilmember Elaine Spaull today to welcome Cowork ...

sasso-mary

Roberts Wesleyan College

Roberts Wesleyan College announces the addition of Mary Sasso as executive director of undergraduate admissions. She has 20 years of ...