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Jun 30, 2022
Kodak Q2 2022 Earnings Report
Kodak experienced revenue growth and improved profitability despite inflationary and supply chain challenges.
Key Takeaways
Kodak reported consolidated revenues of $321 million, a net income of $20 million, and an operational EBITDA of $11 million for Q2 2022. The company saw year-over-year growth in revenues and quarter-sequential growth in gross profit, driven by improved pricing and volume.
Consolidated revenues reached $321 million, up from $291 million in Q2 2021.
GAAP net income was $20 million, compared to $16 million in Q2 2021.
Operational EBITDA was $11 million, compared to $10 million in Q2 2021.
The company ended the quarter with a cash balance of $289 million.