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Kodak's Q2 2023 financial results revealed a revenue of $295 million and a net income of $35 million. The company experienced an increase in gross profit and Operational EBITDA compared to the previous year. They also placed their first two new inkjet presses and acquired Graphic Systems Services, Inc. (GSS).
Consolidated revenues were $295 million, compared to $321 million in Q2 2022.
Gross profit increased to $63 million, compared to $51 million in Q2 2022.
GAAP net income was $35 million, compared to $20 million in Q2 2022.
Operational EBITDA increased to $22 million, compared to $11 million in Q2 2022.
Visualization of income flow from segment revenue to net income