Eastman Kodak sinks as quarterly net income shrinks by fourth

Eastman Kodak

09/11/2022 18:12

** Eastman Kodak Company's shares  KODK.N  slump 23.6% to
$4.35 - hitting over 5-month low
    ** Quarterly net income drops to $2 mln from $8 mln last
year  urn:newsml:reuters.com:*:nBw4YrHDna
    ** Quarterly consolidated revenues, however, increases
marginally to $289 mln, from $287 mln in the previous year
    ** More than 1.44 mln shares traded, 10 times their 25-day
moving avg
    ** Accounting for session losses, company's shares down 7%
YTD
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))