Welcome to our dedicated page for EASTMAN KODAK COMPANY news (Ticker: KODK), a resource for investors and traders seeking the latest updates and insights on EASTMAN KODAK COMPANY stock.
Eastman Kodak Company (NYSE: KODK) is a renowned American technology company that has carved a niche in the imaging sector. Kodak provides a comprehensive range of products and services, including hardware, software, consumables, and services that cater to diverse markets such as graphic arts, commercial print, publishing, packaging, electronic displays, entertainment, and consumer products. The company operates through several business segments: Print, Brand, and Advanced Materials & Chemicals (AM&C).
The Print segment, which generates the majority of Kodak's revenue, offers an array of products like digital offset plate offerings, computer-to-plate imaging solutions, high-quality digital printing solutions using electrically charged toner-based technology, production press systems, consumables, inkjet components, software, and services. Kodak's global footprint spans across the United States, Canada, Europe, the Middle East and Africa, Asia Pacific, and Latin America.
Kodak's commitment to innovation is evident in its robust R&D capabilities and a portfolio of groundbreaking solutions designed to help businesses grow sustainably. The company's trusted brand and history of 79,000 patents over 130 years underscore its leadership in technology and science.
Recently, Kodak reported financial results for Q1 2024 and the full year 2023, showcasing a strong performance despite challenging business conditions. The company continues to focus on its long-term plan to invest in innovation, improve efficiency, and support customers' productivity and profitability. Notable achievements include the launch of the Kodak MiniShot ERA line in the USA and ongoing investments in manufacturing capacity for still and motion picture films.
Additionally, Kodak remains dedicated to environmental stewardship, developing sustainable solutions for print. The latest Kodak ERA products, which incorporate eco-friendly materials, are a testament to this commitment.
For more information about Kodak, visit kodak.com and follow on social media.
Kodak will hold its First-Quarter 2022 Earnings Call on May 10, 2022, at 5:00 pm ET. The call will be led by Executive Chairman and CEO James Continenza along with CFO David Bullwinkle. Investors and analysts can access the call via a toll-free number or an international line, with an access code of 806236. A webcast is also available for those who prefer online access. Interested parties can find more details through the provided webcast link.
Eastman Kodak Company (NYSE: KODK) reported its financial results for 2021, showing consolidated revenues of $1.150 billion, up from $1.029 billion in 2020. The company achieved a GAAP net income of $24 million, reversing a $541 million loss in the prior year. Operational EBITDA improved to $11 million from a negative $1 million in 2020. Kodak's cash balance stood at $362 million, reflecting a $166 million increase year-over-year attributed to financing transactions. The CEO highlighted significant revenue growth across all segments for the first time in years.
Kodak will host its Fourth-Quarter 2021 and Full Year Earnings call on Tuesday, March 15, 2022 at 5:00 pm ET. The call will feature Executive Chairman and CEO James Continenza and CFO David Bullwinkle, discussing the company's financial results. Investors and analysts can participate via a toll-free dial-in number (877) 359-9508 or through a toll line at (224) 357-2393, using conference ID 7674058. A webcast link is also available for remote participants: Webcast Link.
Faraday Future Intelligent Electric Inc. (FFIE) has appointed Becky Roof as interim Chief Financial Officer, replacing Walter McBride due to health issues. The company engages AlixPartners to implement recommendations from its Special Committee to enhance financial controls. Roof brings extensive experience, having served as interim CFO for various firms, including Lordstown Motors (RIDE) and Eastman Kodak Company (KODK). FFIE's Audit Committee aims to expedite the filing of its third quarter 2021 Form 10-Q.
Eastman Kodak Company (NYSE: KODK) reported third-quarter 2021 consolidated revenues of $287 million, reflecting a $35 million increase from the prior year. The company achieved a GAAP net income of $8 million, a significant recovery from a net loss of $445 million in Q3 2020. Key product areas such as SONORA Process Free Plates and PROSPER annuities saw growth of 35% and 17%, respectively. Kodak's cash balance rose to $380 million, an increase of $184 million since December 2020. CEO Jim Continenza expressed confidence in Kodak's strategic direction despite ongoing supply chain challenges.
Kodak will hold its Third-Quarter 2021 Earnings Call on November 9, 2021, at 5:00 pm ET. The call will be led by Executive Chairman James Continenza and CFO David Bullwinkle, discussing financial results with analysts and investors. For participation, dial toll-free (877) 359-9508 or (224) 357-2393 with Conference ID 9696207. Investors can also join via the webcast at here.
Eastman Kodak Company (NYSE: KODK) reported Q2 2021 financial results with consolidated revenues of $291 million, up $78 million year-over-year. The company posted a GAAP net income of $16 million, a turnaround from a net loss of $5 million in Q2 2020. Operational EBITDA improved to $10 million from negative $7 million year-over-year. Kodak ended Q2 with a cash balance of $395 million, reflecting a $199 million increase from the previous period.
CEO Jim Continenza noted that these results showcase Kodak's strategic focus on core competencies and long-term growth.
Kodak will host its Second-Quarter 2021 Earnings Call on August 10, 2021, at 5:00 pm ET. CEO James Continenza and CFO David Bullwinkle will discuss the company's financial results with analysts and investors. Participants can join via phone or through a webcast. For dial-in, the toll-free number is (877) 359-9508 and the toll number is (224) 357-2393 with Conference ID 9686447.
Eastman Kodak Company (NYSE:KODK) responded to the New York Attorney General's request for testimony and documents, clarifying that it had previously offered compliance. Kodak asserts that CEO Continenza’s stock purchase was pre-approved during an open trading window, in line with insider trading policies. Kodak challenges the Attorney General’s legal theory, arguing it could impair executive investment in their companies. The company maintains confidence in its legal standing and prepares for potential court proceedings.
Eastman Kodak Company (NYSE: KODK) reported first quarter 2021 results with consolidated revenues of $265 million and a GAAP net income of $6 million, a significant improvement from a net loss of $111 million in the prior year. The company ended the quarter with a cash balance of $401 million, up from $196 million at the end of 2020. Key segments showed growth, with SONORA Process Free Plates volume increasing by 8% and PROSPER annuities rising by 12% year-over-year. Kodak's financial strategies have established a solid foundation for long-term growth.
FAQ
What is the current stock price of EASTMAN KODAK COMPANY (KODK)?
What is the market cap of EASTMAN KODAK COMPANY (KODK)?
What does Eastman Kodak Company do?
What are Kodak's main business segments?
Where does Kodak generate its revenue from?
What recent achievements has Kodak made?
What is Kodak's commitment to sustainability?
How long has Kodak been in the industry?
What is Kodak's approach to research and development?
Who are Kodak's primary customers?
Where can I find more information about Kodak?
How can I stay updated with Kodak's latest news?
