earnings
confidence high
sentiment neutral
materiality 0.60
Kodak Q3 revenue down 3% to $261M; net income jumps to $18M but operational EBITDA plunges 92%
EASTMAN KODAK CO
2024-Q3 EPS reported
$0.67
revenue$777,000,000
- Revenue $261M vs $269M YoY; GAAP net income $18M vs $2M (up 800%).
- Operational EBITDA $1M vs $12M (down 92%); gross margin 17% vs 19%.
- Print segment revenue $182M (-7%), EBITDA -$9M; AM&C revenue $71M (+11%), EBITDA $6M.
- Cash $214M, down $41M from Dec 2023; capex for growth initiatives and pharma cGMP facility.
- ITC affirmative ruling on aluminum plate tariffs; cGMP pharma ingredients facility nearing completion.