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Dec 31, 2023
Kodak Q4 2023 Earnings Report
Kodak reported mixed results with revenue declining but gross profit increasing.
Key Takeaways
Kodak reported a decrease in revenue but an increase in gross profit for the fourth quarter of 2023. The company's net income decreased compared to the same period last year, and operational EBITDA also declined.
Consolidated revenues decreased by 10% to $275 million compared to Q4 2022.
Gross profit increased by 9% to $47 million compared to Q4 2022.
GAAP net income decreased by 29% to $5 million compared to Q4 2022.
Year-end cash balance increased by $9 million from the third quarter to $255 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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