The OEM has published its consolidated financial results for the first quarter of 2018, with cause to smile in its printing division.
The company’s total revenue for Q1 2018 was $357 million (€300.4 million), exactly the same as in the equivalent period last year. This occurred after a $2 million (€1.68 million) climb in revenue from sales (to $285 million (€239.8 million)) was cancelled out by a $2 million (€1.68 million) drop in revenue from services (to $72 million (€60.5 million).)
$216 million (€181.7 million) of that total figure was contributed by Kodak’s Print Systems Division, an increase of $3 million (€2.5 million) from Q1 of 2017.
There was slightly less positivity in the Enterprise Inkjet Systems Division, however, which fell $6 million (€5 million) in revenue to $31 million (€26 million); there was a dip in the Software & Solutions Division, too, albeit a smaller one, revenue falling $1 million (€841,722) to $20 million (€16.8 million).
