EASTMAN KODAK COMPANY - KODK STOCK NEWS

Eastman Kodak Company (NYSE: KODK) reported its financial results for Q4 and full-year 2022. Q4 revenues reached $305 million, a slight decline from $307 million in Q4 2021 but up 6% in constant currency. Gross profit improved to 14%, with GAAP net income jumping 217% to $7 million. Full-year revenues were $1.205 billion, up 5% year-over-year, while GAAP net income increased 8% to $26 million. Kodak ended 2022 with a cash balance of $217 million, down from $362 million in 2021. Despite challenges, the company focused on operational efficiency and strategic growth investments, including new product launches. CEO Jim Continenza highlighted Kodak's successful transformation efforts.

Kodak has announced it will host its Fourth-Quarter and Full-Year 2022 Earnings call on March 16, 2023, at 5:00 pm ET. The call will feature Executive Chairman and CEO James Continenza and CFO David Bullwinkle, who will discuss the company's financial performance. Participants can register for the live call via a provided URL. This event is a key opportunity for investors and analysts to gain insights into Kodak's financial results and future outlook.

Eastman Kodak Company (NYSE: KODK) reported Q3 2022 revenues of $289 million, up from $287 million in Q3 2021, marking the sixth consecutive quarter of revenue growth. However, GAAP net income fell to $2 million from $8 million year-over-year. Operational EBITDA increased to $7 million from $6 million, aided by improved pricing but offset by rising costs and foreign exchange impacts. The cash balance decreased to $216 million from $362 million at year-end 2021, reflecting investments in growth initiatives and working capital.

Kodak will conduct its Third-Quarter 2022 Earnings Call on November 8, 2022, at 5:00 PM ET. Executive Chairman and CEO James Continenza and CFO David Bullwinkle will address financial analysts and investors regarding the company's financial results. The live call can be accessed through a designated registration link. This event highlights Kodak's ongoing commitment to transparency and investor engagement.

Eastman Kodak Company (NYSE: KODK) reported its Q2 2022 financial results, highlighting consolidated revenues of $321 million, up from $291 million in Q2 2021. The company achieved a GAAP net income of $20 million, compared to $16 million in the previous year. Operational EBITDA rose to $11 million from $10 million. However, the cash balance decreased to $289 million from $362 million at year-end 2021, mainly due to rising working capital and investments. Kodak continues to innovate in digital technologies and expand its Advanced Materials & Chemicals business.

Kodak will host its Second-Quarter 2022 Earnings call on August 9, 2022, at 5:00 pm ET. Executive Chairman and CEO James Continenza, along with CFO David Bullwinkle, will lead the call aimed at financial analysts and investors to discuss the company’s financial results.

Participants are required to register through the provided link for access to the live call.

Kodak has announced a minority investment in Wildcat Discovery Technologies, aimed at developing advanced battery materials. This collaboration will focus on a new "super cell" that promises over 90% improvement in energy density, potentially accelerating EV adoption. Kodak will also provide coating and engineering services to support Wildcat's technology commercialization in two years. Kodak is enhancing its pilot coating facility for EV batteries, with a production capacity of 80 million square meters annually. This move underlines Kodak's strategy to leverage its coating expertise in the growing battery market.

Kodak celebrates 25 productions shot on film at the 2022 Cannes Film Festival, highlighting the continued popularity of analog filmmaking. Four films will compete in 'Un Certain Regard' while eleven films in 'Directors’ Fortnight' were also shot on Kodak film. The festival showcases a strong commitment from emerging filmmakers to film as a medium, evidenced by first-time directors participating. Kodak's film products were recognized in several Oscar-nominated films from 2022, reinforcing the brand's significance in the film industry.

Eastman Kodak Company (NYSE: KODK) reported Q1 2022 revenues of $290 million, up from $265 million in Q1 2021. However, the company faced a GAAP net loss of $3 million, compared to a net income of $6 million in the prior year. Operational EBITDA was negative $7 million, a decline from $3 million in Q1 2021. The cash balance at quarter-end was $309 million, down from $362 million at the end of 2021. Kodak continues to invest in print technology and advanced materials, while managing higher costs and supply chain issues.