Workflow
突然爆雷!巨头宣布:撑不下去了!曾是市场绝对霸主,很多人用过
Qi Lu Wan Bao·2025-08-14 08:36

Core Viewpoint - Kodak, a 133-year-old imaging giant, has warned investors that it may not be able to continue operations long-term, leading to a significant drop in its stock price by nearly 26% on the announcement day [1]. Financial Performance - In Q2, Kodak reported revenue of $263 million, a year-over-year decline of 1% from $267 million [4]. - The company's gross profit was $51 million, down 12% compared to the previous year [4]. - Kodak experienced a net loss of $26 million in Q2, contrasting with a net income of $26 million in the same period last year [4]. - The company faces approximately $500 million in debt that it cannot repay, raising significant doubts about its ability to continue operations [4]. Historical Context - Kodak was once a dominant player in the photography market, holding a 90% market share in film and 85% in cameras during the 1970s [6]. - The company's decline coincided with the rise of digital cameras and smartphones, despite having developed the first digital camera in 1975 [6]. - Kodak filed for bankruptcy protection in 2012, with total debts reaching $6.75 billion and 100,000 creditors [6]. Strategic Initiatives - Kodak announced plans to expand its specialty chemicals and pharmaceutical product lines, investing "tens of millions of dollars" in new laboratories and manufacturing facilities [7]. - The company aims to diversify while maintaining its traditional film business, which is still profitable, albeit a smaller portion of total revenue [7]. Market Sentiment - There is a sense of nostalgia among the public regarding Kodak's past dominance in the film industry, with many expressing regret over the company's decline [8][9].