Eastman Kodak Q2 Loss Narrows - Quick Facts

(RTTNews) - Eastman Kodak Company (KODK) reported a second-quarter net loss of $62 million compared to a loss of $224 million in the previous-year quarter.

Revenue in the quarter was $525 million, a decline of 10% from the $583 million of the previous-year quarter, with more than two-thirds of the decline attributable to declines in the Consumer Inkjet and Entertainment and Commercial Films mature businesses.

Kodak expects to return to year-over-year revenue growth in the second half of 2014. The company continues to expect that it will meet projections for 2014 of revenue between $2.1 and $2.3 billion and Operational EBITDA between $145 and $165 million.