Kodak Completes Sale of Business Unit to Private Equity
The net proceeds from the transaction will be used by Kodak to reduce outstanding term debt.
Category: Eastman Kodak
Kodak Reports Loss for Fiscal Year
Kodak also stated that it had entered into an agreement to sell its Flexographic Packaging Division.
New Executive Chairman for Kodak
Advertisements On February 20th, the Eastman Kodak Board of Directors announced the appointment of Jim Continenza as the company’s new...
Kodak Announces Reorganization, Executive Appointments
Eastman Kodak today announced a reorganization of its business units and several executive appointments.
Kodak May Be Next to Receive Tariff Exclusions
The United States placed 25-percent tariffs on Chinese goods worth some $34 billion in July 2018, and on other Chinese goods worth some $16 billion in August 2018.
Kodak Previews New ‘Smile’ Photo Cameras, Mobile Printer at CES
Advertisements This week at the Consumer Electronics Show (CIS) currently being held this week in Las Vegas, Eastman Kodak previewed...
This Week in Imaging: Fax Now Vulnerable to Hacking, According to Researchers
Advertisements When we think of hacking of printers and copier/MFPs, we tend to think of hackers using more sophisticated methods...
Kodak Reports Earnings for Second Quarter, Issues ‘Going Concern Assessment’
Kodak also reported that it had retained UBS Investment Bank as its financial adviser for its proposed sales of its Flexographic Packaging Division.
Kodak Reports First-Quarter 2018 Results
Kodak CEO Jeff Clarke commented: “Kodak had continued strong performance in SONORA Process-Free Plates, FLEXCEL NX Packaging and PROSPER Inkjet annuities. We are on plan to deliver full-year revenue and Operational EBITDA performance within the expected guidance range.”
Earnings up for Kodak’s Fiscal Year, Growth in Key Product Areas
Revenues for the full year 2017 were $1.5 billion, down 7 percent from 2016. The revenue decline was driven by volume and pricing declines within the company’s commercial print business and volume declines in the company’s consumer inkjet and industrial film and chemicals businesses.
This Week in Imaging: Xerox Gets Serious with a Dealer Channel and A4; More
Is Xerox seeing the A4 and dealer-channel light? It seems so. This week – via comments from its CEO and...
Kodak Slips in Third Quarter, Reporting Net Loss
Despite posting several consecutive quarters of positive net earnings, Eastman Kodak Company yesterday reported a net loss of $46 million...
This Week in Imaging: Mixed Financial Results; Ricoh Takes $200M Loss; HP-Samung Deal Done
The big news this week was of course HP Inc.’s completion of its acquisition of Samsung’s printer business. With the...
Kodak Introduces First 3D Printer, the Portrait 3D Printer
Eastman Kodak reports that it’s introduced its first 3D printer, the Portrait 3D Printer, along with an announcement that partner...
New Additions to Kodak Alaris IN2 Ecosystem Include New Doc Scanners, Software, Managed Content Services
Kodak Alaris today announced that it’s expanded its “IN2 Ecosystem” with new document scanners, software, and services. New hardware solutions include...
Kodak Reports $4 Million in Second-Quarter Net Earnings, ‘Strong Performance in Growth Products’
Eastman Kodak today reported financial results for the second quarter 2017, delivering net earnings of $4 million, and “continued...
