Trade with Eva: Analytics in action >>
Showing posts with label KODK. Show all posts
Showing posts with label KODK. Show all posts

Wednesday, January 17, 2018

=Overstock.com'S tZERO to trade KODAKCoin on its future U.S. regulated security token trading platform

Overstock.com'S tZERO to trade KODAKCoin on its future U.S. regulated security token trading platform; parties intend that the KODAKCoin will launch in Q1 2018
  • KODAKCoin will be the first third-party security token to launch on the security token platform that tZERO is developing. KODAKCoin will serve as the currency to power the recently announced KODAKOne digital imagery platform. The parties intend to follow the tZERO roadmap by offering a security token in accordance with U.S. federal securities laws requirements with subsequent trading to occur on the tZERO trading platform. tZERO will provide end to end advisory services, technology implementation and trading services for KODAKCoin. 
  • The KODAKCoin security token offering will open on January 31, 2018 and will be open to accredited investors from the U.S., U.K. and Canada.



Tuesday, January 9, 2018

Eastman Kodak (KODK) to launch a photo-centric cryptocurrency

Eastman Kodak and WENN Digital announce licensing partnership to launch KODAKOne and KODAKCoin, a photo-centric cryptocurrency 
Kodak and WENN Digital, in a licensing partnership, announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.


  




Wednesday, November 8, 2017

Kodak (KODK) reported earnings on Wed 8 Nov 2017 (a/h)

** charts after earnings **


  



  • Kodak reports 3Q loss
ROCHESTER, N.Y. (AP) _ Eastman Kodak Co. (KODK) on Wednesday reported a third-quarter loss of $46 million, after reporting a profit in the same period a year earlier.
The Rochester, New York-based company said it had a loss of $1.20 per share.
The commercial and packaging printing company posted revenue of $379 million in the period.
Kodak shares have decreased 66 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.20, a decrease of 64 percent in the last 12 months.

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.

Tuesday, March 7, 2017

Eastman Kodak (KODK) reported earnings on Tue 7 March 17 (a/h)

** charts before earnings **


  







** charts after earnings **




ROCHESTER, N.Y.--Eastman Kodak Company (KODK) today reported financial results for the fourth quarter and full year 2016, delivering net earnings of $16 million on revenues of $1.5 billion and continued growth in key product lines.
Highlights include:
  • GAAP net earnings of $16 million for the year ended December 31, 2016, an improvement of $91 million over 2015.
  • Operational EBITDA for the year of $144 million.
  • Revenues for 2016 of $1.5 billion, compared with revenues of $1.7 billion for 2015, down $166 million, or 10 percent.
  • Key product lines achieved strong growth:
    • Volume for KODAK SONORA Process Free Plates grew by 9 percent for the full year.
    • Volume for KODAK FLEXCEL NX Plates grew by 16 percent for the full year.
  • Volume for KODAK SONORA Process Free Plates grew by 9 percent for the full year.
  • Volume for KODAK FLEXCEL NX Plates grew by 16 percent for the full year.
  • Operating expenses (total SG&A and R&D expenses) were $212 million for the year ended December 31, 2016, a $36 million, or 15 percent, improvement compared with 2015. $15 million of this improvement was due to increased non-cash components of pension income.
  • The company ended the year with a cash balance of $433 million. Cash used in operating activities improved by $82 million compared with 2015.
2017 Guidance
  • 2017 guidance is for revenues of $1.4 billion to $1.5 billion and Operational EBITDA of $130 million to $145 million. This guidance is on a continuing operations basis and excludes the KODAK PROSPER business, which is reported within discontinued operations.