Kodak Q4 2020 Earnings Report
Key Takeaways
Kodak reported full-year 2020 consolidated revenues of $1.018 billion and increased its cash balance in the second half of the year. The company mitigated the impact of COVID-19 with cost-saving initiatives and launched innovative print-business products.
Consolidated revenues were $1.018 billion for the full year.
The company ended the year with a cash balance of $196 million.
Kodak increased its cash balance in the third and fourth quarters by $16 million.
A series of financial transactions strengthened the company's balance sheet and addressed maturing obligations.
Kodak
Kodak
Forward Guidance
This press release includes forward-looking statements concerning Kodak’s plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, liquidity, investments, financing needs and business trends and other information that is not historical information.