Kodak doubles forecast loss and secures US$830m exit finance facility

Kodak’s US operation has reported a monthly loss 140% above forecast, but the Australian business has said the firm is on track to return to health.

5 December, 2012

Kodak losses continue to mount in latest monthly report

Kodak’s US operations made a net loss of US$78.7 million ($75.9 million) on revenues of US$162.5 million in July taking its combined losses since the start of the year to US$745 million on sales of US$1.1 billion.

3 September, 2012

Kodak losses climb 54% as creditor claims top US$20.5bn

Kodak has posted a pre-tax loss of US$300 million ($284 million) in its second quarter results, as it revealed total creditor claims had reached US$20.5 billion.

7 August, 2012