A sign at Eastman Kodak Co’s corporate headquarters in Rochester, N.Y., on Nov. 3, 2011. Guy Solimano/Getty Images
Eastman Kodak is facing a severe financial crisis that could force it out of business, the iconic photography equipment-maker told investors on Aug. 11.
In its second-quarter earnings report filed with the Securities and Exchange Commission, the Rochester, New York-based company said there is “substantial doubt” about its ability to continue operating, a warning publicly traded companies are required to make when their finances deteriorate.
