Kodak Posts Loss, Revenue Falls

Retail Reuters

Eastman Kodak Co (EK)posted a bigger loss and lower revenue, as the once-iconic photography company struggled to shift its focus from selling film and toward selling digital cameras and printers.

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Kodak's second-quarter loss from continuing operations increased to $179 million, or 67 cents per share from a loss of $167 million, or 62 cents a year earlier.

Revenue fell 5 percent to $1.49 billion. Analysts were expecting revenue of $1.53 billion.

(Reporting by Liana B. Baker; Editing by Derek Caney)