19 August 2021
Kodak Increases Sales By 36% And Makes a Profit
ROCHESTER . NEW YORK—
Heavily dependent on the printing industry
Heavily dependent on the printing industry
 Kodak for the quarter ended June 30, 2021, revenues were $291 million, an improvement of $78 million compared to the prior-year quarter. Kodak ended the second quarter with a cash balance of $395 million, an increase of $199 million from December 31, 2020.  Net income was $16 million for the second quarter, compared to a net loss of $5 million in the second quarter 2020. Kodak's key market is the printing industry.
Jim Continenza , CEO of Kodak
Jim Continenza , CEO of Kodak
"Kodak’s strong second-quarter performance reflects the impact of changes we’ve made and our continued focus on our core competencies and our long-term plan," said Jim Continenza, Kodak’s Executive Chairman and CEO. "Over the last two years we have concentrated on our strengths as an industrial manufacturer, established a customer-first model, fixed our balance sheet and raised capital. The result is improved performance in all our businesses and a solid foundation." 
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