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Published on 10/31/2012 in the Prospect News Distressed Debt Daily.

Kodak net loss widens to $136.46 million in September; revenues fall

By Caroline Salls

Pittsburgh, Oct. 31 - Eastman Kodak Co. reported a $136.46 million net loss for September on $160.6 million in revenues, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.

The figures showed a decline from the $79.26 million net loss posted for August on $168.42 million in revenues.

The company had $313.88 million in cash and cash equivalents as of Sept. 30, down from $345.81 million at the end of August.

Kodak is a Rochester, N.Y.-based imaging technology products and services provider to the photographic and graphic communications markets. The company filed for bankruptcy on Jan. 19, 2012 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 12-10202.


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