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Mar 31, 2021

Kodak Q1 2021 Earnings Report

Kodak reported consolidated revenues and net income for Q1 2021 and cash balance increased.

Key Takeaways

Kodak reported Q1 2021 financial results, including consolidated revenues of $265 million and net income of $6 million. The company's cash balance increased to $401 million.

Consolidated revenues were $265 million.

GAAP net income was $6 million.

The company ended the quarter with a cash balance of $401 million, up from $196 million at the end of the previous quarter.

Key product areas, including SONORA Process Free Plates volume and PROSPER annuities, experienced growth compared to Q1 2020.

Total Revenue
$265M
Previous year: $267M
-0.7%
EPS
$0.16
Previous year: -$2.66
-106.0%
Gross Profit
$40M
Previous year: $36M
+11.1%
Cash and Equivalents
$401M
Previous year: $209M
+91.9%
Free Cash Flow
-$17M
Previous year: -$45M
-62.2%
Total Assets
$1.49B
Previous year: $1.22B
+22.0%

Kodak

Kodak