Kodak net loss shrinks to $58.07 million in January; revenues decline

By Caroline Salls

Pittsburgh, Feb. 28 - Eastman Kodak Co. reported a $58.07 million net loss for January on $127.91 million in revenues, according to its monthly operating report filed Thursday with the Securities and Exchange Commission.

In comparison, Kodak posted a $272.38 million net loss for December on $152.07 million in revenues.

The company had $279.6 million in cash and cash equivalents as of Jan. 31, down from $337.22 million at the end of December.

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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