earnings
confidence high
sentiment negative
materiality 0.65
Kodak reports Q1 revenue growth to $290M, GAAP net loss of $3M and negative Operational EBITDA
EASTMAN KODAK CO
2022-Q1 EPS reported
-$0.08
revenue$290,000,000
- Consolidated revenue $290M, up 9% versus $265M in Q1 2021.
- GAAP net loss of $3M compared to net income of $6M in Q1 2021.
- Operational EBITDA negative $7M versus positive $3M in prior year.
- Cash balance $309M at quarter-end, down $53M from Dec 2021 due to higher costs and working capital.
- Traditional Printing segment revenue up 16% to $172M but segment EBITDA swung to negative $2M.