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Kodak reveals financial falls

Aug 10, 2018 | 0 comments

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).

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