Eastman Kodak Q2 Loss Narrows; Reiterates 2015 Guidance - Quick Facts

(RTTNews) - Eastman Kodak Company (KODK) reported a second quarter net loss to company of $24 million, compared to a net loss of $62 million in the same period a year ago. Operational EBITDA totaled $23 million, down $1 million from the same period a year ago.

Revenues were $458 million, a decline of 13% from $528 million in the second quarter of 2014. The company said this was primarily due to the adverse impact of currency exchange as well as expected declines in revenue from legacy products.

The company reiterated 2015 guidance for revenue of $1.8-$2.0 billion and operational EBITDA of $100-$120 million.