Kodak Is 'Optimistic' and Has 'No Plans to Go Out of Business'

Kodak Says Reports of Its Imminent Demise Are Greatly Exaggerated

The film company say it's not out of the game yet.

Kodak denies it’s shutting down amid media reports of financial struggles

Eastman Kodak is denying reports that it’s shutting down. On Wednesday, media outlets like CNN and CNBC detailed the company’s ongoing financial challenges, including statements made in its earnings report that warned investors it didn’t have “committed financing or available liquidity” to meet debt obligations coming due within 12 months. However, Kodak quickly published a press release to counter these claims, noting it has “no plans to cease …

Kodak denies it's shutting down amid media reports of financial struggles

Kodak strikes back at media reports suggesting it may go out of business or file for bankruptcy (again).

Kodak Is 'Optimistic' and Has 'No Plans to Go Out of Business'

During an earnings report on Monday, Kodak warned of "substantial doubt" about its ability to pay impending debts, causing concern that the 133-year-old photography company would soon shut down. Now Kodak says it is confident it will be fine.

Kodak Isn't Planning to Shut Down, Outlines How It Will Pay Debt

The brand has reassured customers and investors that it has a plan to tackle its debt issues. Kodak has been in business since 1880.

Kodak sounds alarm: 133-year-old legacy brand may end operation, debt mounts to over $500 mn

Kodak plans to free up cash by halting payments to its retirement pension plan. The company also stated that it does not anticipate tariffs to have “material impacts” on its business, as many of its products are manufactured in the United States