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Wednesday, August 9, 2017

Eastman Kodak (KODK) reported earnings on Wed 9 Aug 2017 (a/h)

** charts after earnings **




Eastman Kodak reports Q2 op EBITDA of $14 mln vs $23 mln year ago; revs -10% y/y to $381 mln
The company updated its 2017 outlook to reflect the impact of an expected advanced technology transaction. Kodak adjusted its forecast for the full year change in cash balance to a range of $0 to $10 million of cash generation. Kodak continues to expect revenues of $1.5 billion to $1.6 billion and adjusted its forecast for Operational EBITDA to a range of $90 million to $105 million.

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