The bankrupted Kodak has reported its first quarter results with total revenue were $965 million, a decline of 27 percent from Q1 2011. Kodak’s consumer branch lost $164 million in the first quarter of this year, compared to $187 million lost in the same period last year, and the commercial branch lost $64 million, about $3 million less than in Q1 2011. The company...
Tag Archives: Q1 2012
The social gaming giant Zynga has announced financial results for the quarter ending March 31, 2012. The company sees record bookings of $329 million, up 15% year-over-year. The company generated revenue of $321 million, up 32% year-over-year. The company’s adjusted EBITDA of $87 million, down 23% year-over-year driven primarily by increased investment in new game...
Sprint Nextel today reported a net loss of $863 million and a diluted net loss of $.29 per share for the first quarter of 2012. This compares to a net loss of $439 million and a diluted net loss of $.15 per share in the first quarter of 2011 and includes depreciation of approximately $543 million, or negative $.18 cents per share, primarily due to accelerated depreciation...
