Kodak (KODK) Reports Q2 Revenue of $372M

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Kodak Reports Q2 Net Earnings of $4 Million and Continued Growth in Key Products

August 9, 2018 4:17 PM EDT

Retained UBS Investment Bank as its financial advisor on the sale of its Flexographic Packaging Division

Entered into a non-binding LOI for a $400 million, 18-month loan which would be used to refinance its existing term debt during the sale process for the Flexographic Packaging Division

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Eastman Kodak Company (NYSE: KODK) today reported financial results for the second quarter 2018, delivering net earnings of $4 million on revenues of $372 million and continued growth in its KODAK SONORA Process-Free Plates, KODAK FLEXCEL NX Packaging and KODAK PROSPER Inkjet businesses.

Second-quarter... More