Eastman Kodak Suffers $189M Q2 Loss
Eastman Kodak reported its third consecutive quarterly loss, as sales dropped 29 percent to $1.77 billion. The $189 million loss for the second quarter contrasts with a profit of $495 million from the same period the previous year.
Graphic Communications posted a $28 million operating loss a year after chalking up a $13 million profit. Sales there fell 24 percent to $670 million.