Thursday October 28 06:09 pm

Eastman Kodak Co. Reports Smaller Q3 Loss

Eastman Kodak Co. (NYSE:EK) reported a Q3 loss from continuing operations of $43 million, or $0.16 per share, down from $111 million, or $0.41 per share in the year-ago period. Sales for the quarter came in at $1.76 billion. Gross-profit margin grew from 20.3% to 27.1%. Thomson Reuters analysts forecast a loss of $0.31 per share on revenue of $1.61 billion. Kodak forecast fiscal 2010 revenue of $7.5 billion to $7.7 billion, ahead of the analyst forecast of $7.7 billion.
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