Eastman Kodak Company (NYSE: KODK) reported financial results for the third quarter 2024.
Third-quarter 2024 highlights include:
- Consolidated revenues of $261 million, compared with $269 million for Q3 2023, a decrease of $8 million or 3 percent
- Gross profit of $45 million, compared with $50 million for Q3 2023, a decrease of $5 million or 10 percent
- Gross profit percentage of 17 percent, compared with 19 percent for Q3 2023, a decrease of 2 percentage points
- GAAP net income of $18 million, compared with net income of $2 million for Q3 2023, an increase of $16 million or 800 percent
- Operational EBITDA of $1 million, compared with $12 million for Q3 2023, a decrease of $11 million or 92 percent
- A quarter-end cash balance of $214 million, compared with $255 million on December 31, 2023, a decrease of $41 million
Read the rest of the report on Printing Impressions.
