Kodak Reports Q2 Loss, Expects Improved Second Half of 2009

ROCHESTER, NY—July 30—Eastman Kodak Co. (NYSE:EK) today reported second-quarter 2009 results that reflect the weak global economic climate and forecasted improved financial results for the second half of the year.

The company’s second-quarter results also reflect focused investments that Kodak is making in new products and core growth businesses, as well as disciplined cost management and more tightly focused spending on research and development. These actions will lay the groundwork for the second-half cash and earnings improvement that the company expects.