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Dec 31, 2022
Kodak Q4 2022 Earnings Report
Kodak's Q4 2022 earnings increased, with revenue slightly decreasing and net income improving significantly.
Key Takeaways
Kodak reported a slight decrease in consolidated revenues, but a significant increase in GAAP net income and Operational EBITDA for Q4 2022. The company's performance reflected the success of its strategic plan, focusing on core businesses and cost reduction.
Consolidated revenues decreased slightly to $305 million.
GAAP net income increased significantly to $7 million.
Operational EBITDA improved to $7 million.
Year-end cash balance was $217 million.