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Sep 30, 2021
Kodak Q3 2021 Earnings Report
Kodak reported an increase in revenue and a return to profitability in Q3 2021, despite facing supply chain and inflationary challenges.
Key Takeaways
Kodak reported consolidated revenues of $287 million and a net income of $8 million for Q3 2021. The company saw growth in key product areas, including SONORA Process Free Plates volume and PROSPER annuities.
Consolidated revenues reached $287 million.
GAAP net income was $8 million, a significant improvement from the prior year's net loss of $445 million.
The company ended the quarter with a cash balance of $380 million.
SONORA Process Free Plates volume and PROSPER annuities increased by 35% and 17%, respectively, compared to the prior-year quarter.
Kodak
Kodak
Kodak Revenue by Segment
Revenue by Segment
Brand Revenue
CapyFin.com