Did Kodak make money for the first quarter of 2007? That will be answered on May 4 at 7 a.m. ET when the company releases its Q1 2007 financial results simultaneously over all major wire services, direct fax, e-mail, and kodak.com Investor Relations web page.
At 11 a.m. ET, a conference call will be hosted by Kodak Chairman and CEO Antonio Perez for a brief discussion of the results, followed by a question and answer session. Interested investors may call in using the direct dial-in number: 913-981-4910, access code 6992488. There is no need to pre-register.
Those who wish to participate via the Internet may access the Kodak Investor Relations website.
Kodak sales totaled $3.821 billion in Q4 2006, when the company reported GAAP earnings from continuing operations of $17 million, or $0.06 per share. In Q3 2006, the major figures were $3.204 billion in total sales and GAAP earnings (net loss) of $37 million or $0.13 per share.
Moody’s commented earlier that Kodak achieved its 2006 guidance for digital revenue growth and cash flow only through non-recurring licensing arrangements and the company did not meet its guidance for digital earnings for 2006.