Core Viewpoint - Kodak, a century-old imaging giant, has warned investors that it may not be able to sustain operations long-term, raising significant doubts about its ability to continue as a going concern [2][4]. Financial Performance - Kodak reported a revenue of $263 million for Q2, a year-on-year decline of 1% [4]. - The company's gross profit fell to $51 million, down 12% [4]. - Kodak incurred a net loss of $26 million, compared to a net income of $26 million in the same period last year, marking a significant shift from profit to loss [4]. - The company has approximately $500 million in debt due soon, which it currently cannot repay [4]. Strategic Actions - Kodak plans to focus on cost reduction and transforming investments into long-term growth [4]. - To raise cash, Kodak will terminate pension payments and has announced a $500 million pension asset return plan to reduce debt [4]. - The company is also advancing its pharmaceutical manufacturing capabilities and investing in growth areas such as film and electric vehicle battery coatings [4]. Historical Context - Kodak was once the dominant player in the global photography market, holding a 75% market share and 90% of profits in the 1930s [6]. - The company invented the first digital camera in 1975 but failed to capitalize on the digital revolution, leading to a decline in its market position [7]. - Kodak filed for bankruptcy protection in 2012, with total debts reaching $6.75 billion and a stock price plummeting from a peak of $78 to $0.4 [8]. - After emerging from bankruptcy, Kodak shifted its focus to commercial printing, packaging, and materials science, and has seen some recovery in its film revenue [8].
爆雷!知名巨头柯达突然宣布:可能撑不下去了 将到期的35亿元债务目前无法偿付
Mei Ri Jing Ji Xin Wen·2025-08-14 03:11