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Kodak: An Update on Strategy and Performance

Senior Editor Cary Sherburne tuned into Kodak’s Second Quarter Earnings Call to get an update on Kodak’s strategy. There were some surprises in the call, and more detail about strategic initiatives moving forward.

Tuesday, August 15, 2017

Under CEO Jeff Clarke’s leadership, Kodak has undergone a number of changes that seem to be putting the company on solid footing. You may recall that in January of this year, the company changed its organizational structure and now reports these segments separately. Each was discussed in detail during the call, a recording of which is available in the company’s investor relations archive. Overall, revenues for the quarter were down 9% over the prior year quarter ($380 million versus $432 million). Operational EBITDA for the quarter was also down compared to the second quarter of 2016 ($14 million versus $22 million). Kodak groups include:

The company also updated its headcount status during the call and in its 10-Q filing with the SEC. Headcount has been reduced by 32% since December 31, 2013, including elimination of 200 positions in the first half of this year, bringing headcount down to 6,009.

Graphic Arts Related Results


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About Cary Sherburne

Cary Sherburne is a well-known author, journalist and marketing consultant whose practice is focused on marketing communications strategies for the printing and publishing industries.

Cary Sherburne is available for speaking engagements and consulting projects. To get more information contact us.

Please offer your feedback to Cary. She can be reached at [email protected].

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