secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN KODAK CO (KODK)
CIK:        0000031235
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001437749-24-025568
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodak Q2 revenue falls 9% to $267M; net income drops 26% to $26M
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- Revenue $267M (-9% YoY); GAAP net income $26M (-26%); Operational EBITDA $12M (-45%).
- Gross profit percentage improved to 22% from 21%, seventh consecutive quarterly YoY increase.
- Cash balance $251M, down $4M from Dec 31, 2023; capex and investments offset by $40M brand licensing proceeds.
- Segment: Print revenue $186M (-$29M), Advanced Materials & Chemicals $73M (+$1M), Brand $4M flat.
- CEO cites cGMP diagnostic facility on track for 2025; PROSPER ULTRA 520 press commitments from drupa.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31235/000143774924025568/0001437749-24-025568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31235/000143774924025568/ekc20240808_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-025568

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