Kodak reports Q1 2025 net loss of $7M; revenue nearly flat at $247M

EASTMAN KODAK CO

2025-Q1 EPS reported -$0.12 revenue$247,000,000

Revenue $247M, roughly flat vs $249M in Q1 2024; gross profit $46M, down 6%.
GAAP net loss $7M vs net income of $32M in prior year; Operational EBITDA $2M vs $4M.
Print segment revenue $165M (down 9%), AM&C segment $74M (up 25%); Print EBITDA -$9M, AM&C EBITDA $7M.
Cash balance $158M, down $43M from Dec 31, 2024, driven by growth investments and higher costs.
Continuing investment in cGMP pharma facility expected online later 2025; KRIP pension termination progressing.

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