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Sep 30, 2023
Kodak Q3 2023 Earnings Report
Kodak's financial performance remained stable, with revenue declining slightly but gross profit and operational EBITDA increasing compared to the same quarter last year.
Key Takeaways
Kodak reported a slight decrease in revenue but an increase in gross profit and Operational EBITDA. The company's cash balance increased, and cash flow from operations improved significantly year-to-date. Kodak is focused on driving operational efficiency, smart revenue, and investing in growth initiatives.
Consolidated revenues decreased by 7 percent to $269 million compared to Q3 2022.
Gross profit increased by 16 percent to $50 million compared to Q3 2022.
GAAP net income was $2 million, flat compared with Q3 2022.
Operational EBITDA increased by 71 percent to $12 million compared to Q3 2022.
Revenue by Segment
Forward Guidance
Kodak will stay committed to executing its long-term strategic plan: investing in innovation, improving efficiency and focusing on meeting the needs of its customers.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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