Kodak Posts Loss, Revenue Falls
Eastman Kodak Co (NYSE: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.
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)