Kodak (KODK) Reports Q4 Revenue of $404M, Down 8%
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Kodak Reports Net Earnings for 2016 of $16 Million
March 7, 2017 4:15 PM ESTROCHESTER, N.Y.--(BUSINESS WIRE)-- Eastman Kodak Company (NYSE: KODK) today 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.
Highlights include:
GAAP net earnings of $16 million for the year ended December 31, 2016, an improvement of $91 million over 2015. Operational EBITDA for the year of $144 million. Revenues for 2016 of $1.5 billion, compared with revenues of $1.7 billion for 2015, down $166 million, or 10 percent. Key product lines achieved... More