Kodak’s Q2 financial results

• 4 years ago
• Categories: Kodak
• Tags: financial results

The Eastman Kodak Company reported the financial results for the second quarter of 2020:

• Consolidated revenues of $213 million
• GAAP net loss of $5 million
• Operational EBITDA of negative $7 million
• Revenues declined by approximately $94 million compared with the same period in 2019
• Kodak ended the quarter with a cash balance of $180 million, down from the March 31, 2020 cash balance of $209 million.

The latest financial results from other companies:

• Fujifilm Imaging Solutions: revenue down 33.2%
• Nikon Imaging Business: revenue down 63%
• Olympus Imaging Division: revenue is down 40%
• Canon Imaging Division: sales: -30.8%, profit: -93.8%
• Sony camera sales: more than 50% down
• Ricoh: operating loss of 6.4 billion yen