Kodak: 1Q Earnings Snapshot
Kodak: 1Q Earnings Snapshot
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ROCHESTER, N.Y. (AP) _ Eastman Kodak Co. (KODK) on Thursday reported a first-quarter loss of $18 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Rochester, New York-based company said it had a loss of 54 cents. Losses, adjusted to account for discontinued operations, came to 40 cents per share.
The commercial and packaging printing company posted revenue of $291 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $2.46. A year ago, they were trading at $5.45.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KODK at https://www.zacks.com/ap/KODK
