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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Eastman Kodak Company Common Stock | NYSE:EK | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.5547 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
By Kristin Jones
Eastman Kodak Co. (EKDKQ) said its full-year loss widened in 2012 compared with a year earlier, logging heavy restructuring charges during a bid to reorganize.
A judge last week approved changes to the company's bankruptcy-financing plan, giving it more flexibility of time and money as it seeks to emerge from bankruptcy in mid-2013. Kodak filed for Chapter 11 bankruptcy protection in January 2012.
For the full year, the company reported a net loss of $1.38 billion, compared with a loss of $764 million in 2012. The latest year's results included $1.07 billion in reorganization and restructuring charges, compared with $118 million a year earlier. Revenue decreased 20% to $4.11 billion, while overhead costs fell by $226 million.
The company ended 2012 with a cash balance of $1.14 billion.
Write to Kristin Jones at kristin.jones@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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