Kodak's net loss in the third quarter was $43million
in the early morning of October 29, Beijing time, Eastman Kodak released the third quarter financial report of fiscal year 2010. The report shows that Kodak's net loss in the third quarter decreased compared with the same period last year, due to the growth in sales of inkjet printers, the decline in costs and the inclusion of licensing revenue from a series of digital imaging inventions. Kodak's adjusted earnings per share in the third quarter far exceeded analysts' expectations, prompting its share price to soar by nearly 11% in midday trading
the report shows that Kodak's net loss in the third quarter was $43 million, with a loss of 16 cents per share. This performance is good. Many small and medium-sized production enterprises fell in the same period last year due to environmental pressure. In the third quarter of fiscal 2009, Kodak had a net loss of $111 million, or 41 cents per share. Kodak's sales in the third quarter were $1.76 billion, down 1% from $1.78 billion in the same period last year, but exceeding analysts' previous expectations. Thomson Reuters survey showed that analysts on average expected Eastman Kodak sales of $1.61 billion in the third quarter
excluding one-time items, Kodak's net loss in the third quarter was $5million, with a loss of 2 cents per share, much better than analysts had expected. Thomson Reuters survey showed that analysts on average expected Kodak to lose 31 cents per share in the third quarter. Kodak's gross profit margin in the third quarter was 27.1%, higher than 20.3% in the same period last year
by department, Kodak's revenue from digital business in the third quarter was $1.33 billion, an increase of 10% over the same period last year; The revenue from the traditional film business was $431million, down 25% from $572million in the same period last year. Kodak's traditional film business unit's operating profit in the third quarter was $20million for a team of 300 engineers and manufacturers, down from $47million in the same period last year
Kodak's revenue from cameras, cameras, printers and other personal digital imaging equipment and services in the third quarter was $670 million, up from $535 million in the same period last year. The operating profit from this business was $89 million, better than the same period last year. In the third quarter of fiscal 2009, Kodak suffered an operating loss of $89 million from cameras, cameras, printers and other personal digital imaging equipment and services
Kodak's sales from its graphic communication group in the third quarter fell by 2. 5% year-on-year [China Plastics News] 5% comes from the fact that this group cooperates to establish a cobalt company based on the strong optimism of Yinxi technology for the new energy vehicle industry. The operating loss was US $19million, nearly double that of the same period last year
Kodak maintained its full year revenue forecast for fiscal year 2010, that is, US $7.5 billion to US $7.7 billion
on the same day, as of 12:50 U.S. Eastern time (0:50 Beijing time on the 29th), Eastman Kodak (EK) shares rose $0.42 to $4.39, or 10.58%, in regular trading on the New York Stock Exchange. In the past 52 weeks, Eastman Kodak's highest price was $9.08 and its lowest price was $3.26
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