With an announcement of a huge amount of earnings of around $479 million year ,KODAK brought into notice , the excellent growth and achievements that it has made off late in all domains of the business areas including the intellectual transactions.
The earnings that were reflected during the first quarter of the year by the Kodak's first-quarter segment earnings keeping apart the intellectual transactions were around $69 million . The scope of the digital earnings extended to around $60 million. A major part of the credit goes to the working capital for this drastic rise in the profit level as the intellectual transactions were almost unmoved.
According to said Antonio M. Perez, Chairman and Chief Executive Officer, Eastman Kodak Company, "Such an outstanding results by the company this year have made people assured about the fact that the policies and plans that are implemented by the company are working fine for the betterment of the results..” He further added that the anticipated results for the year 2010 are even better.
Other first-quarter 2010 details:
A hike of about $725 million was reported by the company against a loss of $336 million in past days. This has had its contribution from all business domains as well as the recurring intellectual transactions.
Monday, May 17, 2010
The new milestones by the FFO...
An insight into the FFO reveals that it ,is a supported, non-GAAP estimate of finance that is devised by the real estate industry for the assessment purposes . There is a common misconception of giving FFO a position same as that of the net income .
While the year 2010 witnessed a boost of around $25.6 million, the old statistics showed that this number rose to 20.8% from $21.2 million in the first quarter of 2009. However, $14.7 million, was the amount that was availed by the other stakeholders as the net income.
The total operating revenues of around $191.8 million was laid down by the company in the first quarter of 2010. such a high rise was a remarkable achievement, in terms of the milestone laid down by the company in the previous years.
" A different achievement of the Company was made during the the first quarter, that was directed basically to the take over of the New England Portfolio “, expressed Michael F. Foust, Chief Executive Officer of Digital Realty Trust. "The basic returns were seen to link themselves to the Turn-key product that had been reflected from the many IT companies. The ultimate result was continuous leasing activities that continued at a high pace.”
On March 31, 2010, a declaration was made by the Company that the total number of the leases had hiked up to t 116,000 square feet of space. With an inclusion of 108,000 square feet of Turn-Key Datacenter(R) space that was leased at annual rate of $139.00 per square feet, the figure had risen so high.
While the year 2010 witnessed a boost of around $25.6 million, the old statistics showed that this number rose to 20.8% from $21.2 million in the first quarter of 2009. However, $14.7 million, was the amount that was availed by the other stakeholders as the net income.
The total operating revenues of around $191.8 million was laid down by the company in the first quarter of 2010. such a high rise was a remarkable achievement, in terms of the milestone laid down by the company in the previous years.
" A different achievement of the Company was made during the the first quarter, that was directed basically to the take over of the New England Portfolio “, expressed Michael F. Foust, Chief Executive Officer of Digital Realty Trust. "The basic returns were seen to link themselves to the Turn-key product that had been reflected from the many IT companies. The ultimate result was continuous leasing activities that continued at a high pace.”
On March 31, 2010, a declaration was made by the Company that the total number of the leases had hiked up to t 116,000 square feet of space. With an inclusion of 108,000 square feet of Turn-Key Datacenter(R) space that was leased at annual rate of $139.00 per square feet, the figure had risen so high.
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