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Jun 30, 2020
Kodak Q2 2020 Earnings Report
Kodak reported a net loss of $5 million and consolidated revenues of $213 million.
Key Takeaways
Kodak reported a consolidated revenues of $213 million and a net loss of $5 million for the second quarter of 2020. The company's cash balance at quarter-end was $180 million. Revenues declined by approximately $94 million compared to the same period in 2019, impacted by the COVID-19 pandemic.
Kodak's consolidated revenues were $213 million.
The company experienced a GAAP net loss of $5 million.
Operational EBITDA resulted in negative $7 million.
Cash balance was $180 million at the end of the quarter.