Kodak boosts profits in latest quarter
Eastman Kodak is reporting higher profits in its 4th quarter and for the 2022 fiscal year overall in a financial filing this week.
The company saw net profits of $7 million for the quarter, compared to a loss for the same period last year.
For the full year, Kodak saw an 8% increase in profits, with net income of $26 million for the year overall.
Revenues for the 4th quarter totaled $305 million which was down slightly from the same period last year.
Full-year revenues in 2022 of $1.2 billion, topped the 2021 sales of $1.15 billion
