Eastman Kodak Company turned a 16-million-dollar profit for 2016 on revenues of $1.5 billion dollars…and it continued to show growth in key product lines including printing plates and packaging materials. That’s despite a fourth quarter downturn that sent revenues off by ten percent.
Kodak released its annual and fourth quarter results this afternoon (Tues). The $16 million profit for 2016 is a $91 million improvement over the company’s loss for 2015. Kodak ended the year with a cash balance of $433 million.
