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Kodak: 2nd Quarter Numbers

By: WROC-TV
Updated: August 23, 2012
Eastman Kodak is reporting better numbers for its 2nd quarter as compared to last year.

The company reported earnings of $82-million-dollars.  Those numbers are up compared to $79-million-dollars the year before. 

Kodak says it's cash balance at the end of the 2nd quarter stood at $1.2-billion-dollars.  The company also reported a net loss of $299-million-dollars as compared to $179-million in the second quarter of 2011. 

Kodak CEO Antonio Perez says, "We are committed to sustaining the progress required to successfully emerge from Chapter 11."

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