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 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.
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.
