Welcome to our dedicated page for Eastman Kodak news (Ticker: KODK), a resource for investors and traders seeking the latest updates and insights on Eastman Kodak stock.
Eastman Kodak Company (NYSE: KODK) maintains its position as a global leader in imaging technology and advanced material solutions. This dedicated news hub provides investors and industry professionals with essential updates on Kodak's strategic initiatives, financial performance, and technological innovations.
Access official press releases covering earnings announcements, product launches, and partnership developments across Kodak's core segments: commercial printing systems, industrial material science, and brand-driven imaging solutions. Our curated collection ensures timely access to filings, executive commentary, and operational milestones that shape the company's market trajectory.
Discover updates on Kodak's sustainability efforts, R&D breakthroughs in digital imaging, and global expansion strategies. All content is sourced directly from company communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to KODK's evolving story – from print technology advancements to specialty chemical applications in emerging markets. Verify publication dates and consult multiple sources when making financial decisions.
Kodak will host its Third-Quarter 2024 Earnings call on Tuesday, November 12, 2024, at 5:00 pm ET. Executive Chairman and CEO James Continenza, along with CFO David Bullwinkle, will discuss the financial results with analysts and investors.
For audio conference details, visit: register here.
Eastman Kodak Company (NYSE: KODK) reported its Q2 2024 financial results, showing mixed performance. Consolidated revenues decreased by 9% to $267 million, while gross profit fell 8% to $58 million. However, the gross profit percentage increased by 1 percentage point to 22%. GAAP net income declined 26% to $26 million, and Operational EBITDA decreased 45% to $12 million. The company's cash balance stood at $251 million, down $4 million from December 31, 2023.
Despite revenue decline, Kodak achieved a year-over-year increase in gross profit percentage for the seventh consecutive quarter. The company continues to invest in its Advanced Materials & Chemicals group and is seeing revenue growth in key product areas. Kodak's cGMP facility for manufacturing diagnostic test reagents is scheduled to begin production in 2025.
Eastman Kodak Company (NYSE: KODK) has announced its upcoming Second-Quarter 2024 Earnings Conference Call, scheduled for Thursday, August 8th, 2024, at 5:00 PM ET. The call will be hosted by Executive Chairman and CEO James Continenza and CFO David Bullwinkle, who will discuss the company's financial results with analysts and investors. This event provides an opportunity for stakeholders to gain insights into Kodak's performance and future outlook. Interested parties can register for the audio conference through the provided URL.
Kodak's photo printer, produced by Prinics, has achieved global bestseller status on Amazon. Utilizing Prinics' proprietary 4PASS printing technology, these printers offer convenient all-in-one cartridges and are available in 21 countries. As of May 27, 2024, nine Kodak photo printer products have been recognized as bestsellers on Amazon and Walmart in seven countries. The 3-inch Kodak Mini Shot 3 instant camera and the 6-inch Kodak Dock Plus photo printer have particularly stood out, with the latter maintaining its bestseller position for five years.
Kodak recently launched the ERA lineup, expanding their product range to include the world's first 4-inch square instant camera (Kodak Mini Shot 4 ERA), a 1-inch camera (Memo Shot ERA), and a 0.5-inch printer (Memo Label ERA). Prinics' representative emphasized their commitment to customer satisfaction and continuous innovation. Kodak is known for its commercial print and advanced materials expertise, backed by 79,000 patents and a focus on sustainable solutions.
Eastman Kodak Company (NYSE: KODK) reported financial results for Q1 2024, with consolidated revenues of $249 million, a decrease of 10% from Q1 2023. Gross profit was $49 million, a 2% decrease. GAAP net income was $32 million, down 3%. Operational EBITDA was $4 million, a 56% decrease. Kodak's cash balance increased to $262 million. The company highlighted investments in print and advanced materials and chemicals to drive growth.
Kodak will host the First-Quarter 2024 Earnings call on Thursday, May 9th, 2024, with Executive Chairman and CEO James Continenza and CFO David Bullwinkle. The conference aims to discuss the financial results with analysts and investors.
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