Kodak net loss narrows to $83.77 million in October; revenues increase

By Caroline Salls

Pittsburgh, Nov. 30 - Eastman Kodak Co. reported an $83.77 million net loss for October on $165.16 million in revenues, according to its monthly operating report filed Friday with the Securities and Exchange Commission.

The figures showed improvement from the $136.46 million net loss posted for September on $160.6 million in revenues.

The company had $311.36 million in cash and cash equivalents as of Oct. 31, down from $313.88 million at the end of September.

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 under Chapter 11 case number 12-10202.

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