Kodak: Net loss widens to $59.02 million in June, revenues decline

By Caroline Salls

Pittsburgh, Aug. 7 - Eastman Kodak Co. reported a $59.02 million net loss for June on $95.76 million in revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

The figures showed a decline from the $47.87 million net loss posted for May on $137.31 million of revenues.

The company had $274.14 million in cash and cash equivalents as of June 30, down from $296.43 million at the end of May.

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 under Chapter 11 case number 12-10202.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.