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Kodak reveals financial falls

August 10, 2018

The OEM has published its consolidated results for the second quarter of 2018, ending June the 30th.

Kodak saw its overall revenue drop year-on-year compared to the same period of 2017, falling from $381 million (€332.3 million) to $372 million (€324.5 million), a drop of $9 million (€7.85 million).

Its Operational EBITDA also dipped, from $12 million (€10.4 million) down to $9 million (€7.85 million), a fall of $3 million (€2.61 million).

It was a similar state of affairs for the OEM’s Print Systems Division, where there was an identical drop in revenue from Q2 2017, falling $9 million (€7.85 million) to $227 million (€198 million), from $236 million (€205.9 million) last year.

The Print Systems Division also suffered a decline in Operational EBITDA, which slumped from $15 million (€13 million) last year to $8 million (€6.98 million) this year, falling by $7 million (€6.1 million).

Categories : City News

Tags : Business Financials Kodak OEM Q2

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