Kodak's Transformed Business Has Improved for Four Straight Quarters

Kodak's Transformed Business Has Improved for Four Straight Quarters

A year ago, Eastman Kodak's future was cast into doubt but the company remained optimistic. Since then, Kodak has posted four straight quarters of year-over-year improvement and its stock price has nearly doubled.

Kodak Posts a Fourth Straight Quarter of Growth – And Film Is Doing the Heavy Lifting

Kodak’s second-quarter results, published on August 4, show consolidated revenue of $311 million against $263 million a year ago, gross profit up 61%, and a net profit of $17 million where the company lost $26 million in the same quarter last year. The detail that matters for filmmakers sits deeper in the filing: the product line Kodak reports as “film and chemicals” grew from $68 million to $97 million, accounting for almost all of the company’…