Kodak reports Q1 net income $33M vs loss; gross profit up 52% to $50M

EASTMAN KODAK CO

2023-Q1 EPS reported $0.30 revenue$278,000,000

Consolidated revenue $278M, down 4% YoY (-1% constant currency).
GAAP net income $33M vs loss $3M Q1 2022; Operational EBITDA $9M vs -$7M.
Cash balance $225M, up $8M from Dec 31, 2022.
Print segment revenue $209M; Advanced Materials $61M; Brand $4M.
Structural change: Traditional and Digital Printing segments combined into Print segment.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EASTMAN KODAK CO reported first quarter 2023 results: revenue $278 million, net income $33 million.

Period: first quarter 2023
Revenue: $278 million
Net income: $33 million
Result: reported results

Exact text from the filing

Kodak Reports First-Quarter 2023 Financial Results ROCHESTER, N.Y.--(BUSINESS WIRE)--May 9, 2023--Eastman Kodak Company (NYSE: KODK) today reported financial results for the first quarter 2023. First-quarter 2023 highlights include: Consolidated revenues of $278 million

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Source: SEC EDGAR

accession 0001157523-23-000785

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