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Sep 30, 2020
Kodak Q3 2020 Earnings Report
Kodak reported a net loss of $445 million and revenues of $252 million.
Key Takeaways
Kodak reported a consolidated revenue of $252 million for Q3 2020, a decrease of $63 million compared to the same period in 2019. The company's cash balance increased by $13 million, and GAAP net loss was $445 million, which included a $416 million charge. $100 million of secured convertible notes were converted into common stock.
Consolidated revenues were $252 million.
Cash balance at quarter-end was $193 million.
Full conversion of the $100 million secured convertible notes into common stock was completed.
GAAP net loss was $445 million, including a $416 million charge related to convertible notes.
Revenue by Segment
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