ROCHESTER, N.Y., June 27, 2019 – Shares of Eastman Kodak Company (NYSE: KODK) inclined 5.02% to $2.51. The stock traded total volume of 460.025K shares higher than the average volume of 247.21K shares.
Eastman Kodak Company (KODK) recently reported financial results for the full year 2018, counting a net loss of $16.0M on revenues of $1.30B and continued growth in key product areas.
- GAAP net loss of $16.0M for the year ended December 31, 2018, contrast to GAAP net earnings of $94.0M for the year ended December 31, 2017.
- Revenues for 2018 of $1.30B contrast to revenues for 2017 of $1.40B.
- Operational EBITDA for the year of $1.0M contrast to Operational EBITDA in 2017 of $10.0M.
For the year ended December 31, 2018, revenues reduced by about $61.0M contrast with the same period in 2017. Kodak ended the year with a cash balance of $246.0M, down from the December 31, 2017 cash balance of $343.0M.
KODK has the market capitalization of $108.83M and its EPS growth ratio for the past five years was -15.00%. The return on assets ratio of the Company was -1.90% while its return on investment ratio stands at -28.60%. Price to sales ratio was 0.09 while 57.50% of the stock was owned by institutional investors.