We are committed to environmental stewardship and ongoing leadership in developing sustainable solutions. COLUMBUS, Ohio (AP) Railroads like the one involved in last month's fiery crash and toxic chemical release in Ohio would be subject to a series of new federal safety regulations and financial consequences under legislation being introduced Wednesday by the state's two U.S. senators.. An early copy of the Railway Safety Act of 2023, co-sponsored by U.S. Sens. Annual stock financials by MarketWatch. Kodak undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, except as required by law. This press release includes forward-looking statements as that term is defined under the Private Securities Litigation Reform Act of 1995. "For the third quarter of 2022, Kodak delivered year-over-year revenue growth for the sixth consecutive quarter. All forward-looking statements attributable to Kodak or persons acting on its behalf apply only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included or referenced in this press release. Kodak delivered year-over-year growth in revenues and quarter-sequential growth in gross profit for the second quarter of 2022, despite ongoing inflationary and supply chain challenges, said Jim Continenza, Kodaks Executive Chairman and CEO. Redeemable, convertible preferred stock, no par value. Figures in the following tabs are in millions of dollars For example, $1,242 should be read as either $1,242 . We have launched the KODAK PROSPER 7000 Turbo Press, the worlds fastest inkjet press, and the KODAK ASCEND Digital Press, the perfect solution for the growing retail/point of purchase and high-end packaging markets. View as % YoY growth or as % of revenue. My Experts Top Analysts Top Financial Bloggers Top-Performing Corporate Insiders Top Hedge Fund Managers Top Research Firms Top Individual Investors. Kodak (NYSE: KODK) is a leading global manufacturer focused on commercial print and advanced materials & chemicals. Request for Annual Report. Kodak continued to manage through an extremely challenging business environment to deliver revenue growth for the first quarter of 2022, said Jim Continenza, Kodaks Executive Chairman and CEO. Discovery Company profile page for Trade-Van Information Services Co. including technical research,competitor monitor,market trends,company profile& stock symbol When used in this press release, the words estimates, expects, anticipates, projects, plans, intends, believes, predicts, forecasts, strategy, continues, goals, targets or future or conditional verbs, such as will, should, could, or may, and similar expressions, as well as statements that do not relate strictly to historical or current facts, are intended to identify forward-looking statements. Kodaks ability to improve and sustain its operating structure, cash flow, profitability and other financial results; Kodaks ability to achieve strategic objectives, cash forecasts, financial projections, and projected growth; Kodaks ability to achieve the financial and operational results contained in its business plans; Kodaks ability to comply with the covenants in its various credit facilities; Kodaks ability to fund continued investments, capital needs and restructuring payments and service its debt and Series B Preferred Stock and Series C Preferred Stock; The performance by third parties of their obligations to supply products, components or services to. View source version on businesswire.com: https://www.businesswire.com/news/home/20220315005996/en/, Media Contact: Kurt Jaeckel, Kodak, +1 585-490-8646, kurt.jaeckel@kodak.com, Investor Contact: Paul Dils, Kodak, +1 585-724-4053, shareholderservices@kodak.com. Eastman Kodak Company (KODK) Income Statement - Yahoo Finance U.S. markets closed (+0.31%) Dow 30 Nasdaq +72.04(+0.63%) Russell 2000 +5.78(+0.31%) (+0.11%) (-0.03%) Eastman Kodak Company. Balance Sheet. The judge, who made the ruling on Tuesday, said the rapper could remain free until after his appearance at the March 7 California iteration of Rolling Loud . Third-quarter 2021 highlights include: Consolidated revenues of $287 million GAAP net income of $8 million it doesn't matter if you own a mac or a pcthe kodak playsport is compatible with both; the optional remote control makes it easy to comfortably enjoy your videos and pictures; mpn: zx5-white_k-2 upc: 041771491178 in the box: kodak playsport video camera; kodak lithium-ion rechargeable digital camera battery; charging cable; ac adapter . Kodak (NYSE: KODK) is a leading global manufacturer focused on commercial print and advanced materials & chemicals. All forward-looking statements, including managements examination of historical operating trends and data, are based upon Kodaks current expectations and assumptions. When used in this press release, the words estimates, expects, anticipates, projects, plans, intends, believes, predicts, forecasts, strategy, continues, goals, targets or future or conditional verbs, such as will, should, could, or may, and similar words and expressions, as well as statements that do not relate strictly to historical or current facts, are intended to identify forward-looking statements. This press release includes forward-looking statements as that term is defined under the Private Securities Litigation Reform Act of 1995. Overview. * Total Operational EBITDA is a non-GAAP financial measure. Adjusting for the unfavorable impact of foreign exchange of $22 million in the current-year quarter, revenue increased by $24 million compared to the prior-year quarter. INTRODUCCION La Eastman Kodak Company, popularmente conocida como Kodak, fue fundada en 1888. These documents include Eastman Kodak income statement, its balance sheet, and the statement of cash flows. The impact of foreign exchange is calculated by using average foreign exchange rates for the twelve months ended December 31, 2020, rather than the actual average exchange rates in effect for the twelve months ended December 31, 2021. WPLG. The original had a four-year run from 1978 to 1982 and won two Tony Awards, including best choreography. With 31,000 patents earned over 130 years of R&D, we believe in the power of technology and science to enhance what the world sees and creates. Kodaks ability to improve and sustain its operating structure, cash flow, profitability and other financial results; Kodaks ability to achieve strategic objectives, cash forecasts, financial projections, and projected growth; Kodaks ability to achieve the financial and operational results contained in its business plans; Kodaks ability to comply with the covenants in its various credit facilities; Kodaks ability to fund continued investments, capital needs and restructuring payments and service its debt and Series B Preferred Stock and Series C Preferred Stock; The performance by third parties of their obligations to supply products, components or services to Kodak and Kodaks ability to address supply chain disruptions and continue to obtain raw materials and components available from single or limited sources of supply, which may be adversely affected by the COVID-19 pandemic; The impact of the global economic environment or medical epidemics such as the COVID-19 pandemic; including the restrictions and other actions taken in response to the COVID-19 pandemic, and Kodaks ability to effectively mitigate or recoup associated increased costs of materials, labor, shipping and operations; The impact of the investigations, litigation and claims arising out of the circumstances surrounding the announcement on July 28, 2020, by the U.S. International Development Finance Corporation of the signing of a non-binding letter of interest to provide a subsidiary of Kodak with a potential loan to support the launch of an initiative for the manufacture of pharmaceutical ingredients for essential generic drugs; The impacts of the war in Ukraine and the international response thereto on our business and operations, including the cost of and availability of aluminum and other raw materials and components, shipping costs, transit times and energy costs; Changes in foreign currency exchange rates, commodity prices, interest rates and tariff rates; Kodaks ability to effectively anticipate technology and industry trends and develop and market new products, solutions and technologies, including products based on its technology and expertise that relate to industries in which it does not currently conduct material business; Kodaks ability to effectively compete with large, well-financed industry participants; Continued sufficient availability of borrowings and letters of credit under Kodaks asset based credit facility and letter of credit facility, Kodaks ability to obtain additional financing if and as needed and Kodaks ability to provide or facilitate financing for its customers; Kodaks ability to effect strategic transactions, such as acquisitions, strategic alliances, divestitures and similar transactions, or to achieve the benefits sought to be achieved from such strategic transactions; and. Revenues and Operational EBITDA on a constant currency basis. The impact of foreign exchange is calculated by using average foreign exchange rates for the three months ended March 31, 2021, rather than the actual average exchange rates in effect for the three months ended March 31, 2022. Eastman Kodak Company (NYSE: KODK) today reported financial results for the third quarter 2022, including consolidated revenues of $289 million. 0001564590-22-010405.pdf. In addition, we continue to make significant investments in recently announced growth initiatives in our Advanced Materials & Chemicals business, expanding our pilot coating facility and taking a minority stake in Wildcat Discovery Technologies, Inc., a private technology company that uses proprietary methods to research and develop new battery materials and is developing a breakthrough EV super cell battery technology. Kodak used $15 million in cash for the quarter, primarily driven by ongoing global cost increases which we are taking actions to address. All forward-looking statements attributable to Kodak or persons acting on its behalf apply only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included or referenced in this press release. FY 2021 Actuals on constant currency ** vs. FY 2020 Actuals, Consolidated revenues of $1.150 billion, compared with $1.029 billion for the full year 2020, GAAP net income of $24 million, compared with a net loss of $541 million for 2020, Operational EBITDA of $11 million, compared with negative $1 million for 2020, A year-end cash balance of $362 million, compared with $196 million at the end of 2020. When used in this press release, the words estimates, expects, anticipates, projects, plans, intends, believes, predicts, forecasts, strategy, continues, goals, targets or future or conditional verbs, such as will, should, could, or may, and similar words and expressions, as well as statements that do not relate strictly to historical or current facts, are intended to identify forward-looking statements. Kodak's Q1 2012 financial statement reveals a $366 million net loss and a 27 percent decline in revenue from Q1 2011 (to $965 million), but the company has also significantly cut costs and. ROCHESTER, N.Y.- (BUSINESS WIRE)-Eastman Kodak Company (NYSE: KODK) today reported financial results for the third quarter 2021, including consolidated revenues of $287 million and continued growth in key product areas. Its prospects seem reduced to suing Apple and others for infringing on patents that it was never able to turn into winning. This press release includes forward-looking statements as that term is defined under the Private Securities Litigation Reform Act of 1995. The decrease is primarily attributable to increases in working capital, the impact of higher costs and increased capital investment. Finding new ways to leverage our core strengths and delivering for our customers will be our focus as we execute our strategic plan.. All forward-looking statements, including managements examination of historical operating trends and data, are based upon Kodaks current expectations and assumptions. The increase was primarily the result of improvement in revenue and manufacturing costs from increases in volume partially offset by ongoing global cost increases in 2021. We continue to execute on our plan by driving increases in cost efficiency through automation and process innovation and redesign., Revenue and Operational EBITDA by Reportable Segment FY 2021 vs. FY 2020. The prior year included a charge of $416 million to reflect the increased value of the derivative liability embedded in the convertible notes immediately prior to conversion and expense of $167 million related to the increase in deferred tax valuation allowances for locations outside the U.S. ROCHESTER, N.Y.--(BUSINESS WIRE)--Mar. Kodak now has a market value of $140m and teeters on bankruptcy. in 2003 and to $-87 Mio. * Total Operational EBITDA is a non-GAAP financial measure. $6 million of income from the transition services agreement related to the sale of the Flexographic Packaging Business was recognized in the twelve months ended December 31, 2020. Forward-looking statements include statements concerning Kodaks 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. EX-101.SCH - XBRL TAXONOMY EXTENSION SCHEMA: 10-K: Mar 16, 2021: View HTML . AccountingBusinessFinancial Accounting * Total Operational EBITDA is a non-GAAP financial measure. ROCHESTER, N.Y.-- ( BUSINESS WIRE )--Eastman Kodak Company (NYSE: KODK) today reported financial results for the full year 2020, including consolidated revenues of $1 billion and an increase in. All forward-looking statements attributable to Kodak or persons acting on its behalf apply only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included or referenced in this press release. CANON ANNUAL REPORT 2021. Accordingly, where they are provided, it is to give investors the same financial data management uses with the belief that this information will assist the investment community in properly assessing the underlying performance of Kodak, its financial condition, results of operations and cash flow. Eastman Kodak Company (NYSE: KODK) today reported financial results for the third quarter 2021, including consolidated revenues of $287 million and continued growth in key product areas.. Operational EBITDA for the year ended December 31, 2021 was $11 million, compared to negative $1 million in 2020. The Company had GAAP net income of $20 million for the quarter, compared to $16 million in the prior-year quarter. Third-quarter 2022 highlights include: Consolidated revenues of $289 million, compared with $287 million for Q3 2021 (increased $24 million on a constant currency basis) Kodak ended the second quarter with a cash balance of $289 million, a net decrease of $73 million from December 31, 2021. Eastman Kodak Company 2020 Annual Report on Form 10-K and Notice of 2021 Annual Meeting and Proxy Statement. ROCHESTER, N.Y.--(BUSINESS WIRE)--Mar. Follow. Im pleased with our continued improvement in the third quarter despite challenges posed by supply chain issues, labor shortages and inflationary pressures, said Jim Continenza, Kodaks Executive Chairman and CEO. Get the detailed income statement for Eastman Kodak Company (KODK). Operational EBITDA represents the income from continuing operations excluding the provision for income taxes; non-service cost components of pension and OPEB income; depreciation and amortization expense; restructuring costs and other; stock-based compensation expense; consulting and other costs; idle costs; other operating income, net; interest expense; and other charges, net. Accordingly, where they are provided, it is to give investors the same financial data management uses with the belief that this information will assist the investment community in properly assessing the underlying performance of Kodak, its financial condition, results of operations and cash flow. Changes in foreign currency exchange rates, commodity prices, interest rates and tariff rates; Kodaks ability to effectively anticipate technology and industry trends and develop and market new products, solutions and technologies, including products based on its technology and expertise that relate to industries in which it does not currently conduct material business; Kodaks ability to effectively compete with large, well-financed industry participants; Continued sufficient availability of borrowings and letters of credit under Kodaks asset based credit facility and letter of credit facility, Kodaks ability to obtain additional financing if and as needed and Kodaks ability to provide or facilitate financing for its customers; Kodaks ability to effect strategic transactions, such as acquisitions, strategic alliances, divestitures and similar transactions, or to achieve the benefits sought to be achieved from such strategic transactions; and. Looking forward, well continue to make strategic decisions focused on driving smart revenue for Kodak.". | February 28, 2023 Kodak ended the third quarter with a cash balance of $380 million, an increase of $184 million from December 31, 2020. Our innovative, award-winning products, combined with our customer-first approach, make us the partner of choice for commercial printers worldwide. Eastman Kodak Co. Per Share Data Eastman Kodak Co. All values updated annually at fiscal year end. Income Statement. The change in revenues and Operational EBITDA on a constant currency basis, as presented in this financial results news release, is calculated by using average foreign exchange rates for the three months ended March 31, 2021, rather than the actual average exchange rates in effect for the three months ended March 31, 2022. Full-year 2020 highlights include: Consolidated revenues of $1 billion This press release includes "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995. This press release includes forward-looking statements as that term is defined under the Private Securities Litigation Reform Act of 1995. Copyright 2023 Eastman Kodak Company. Paul Dils, Kodak, +1 585-724-4053, shareholderservices@kodak.com. We continue to execute on our plan by driving increases in cost efficiency through automation and process innovation and redesign., Revenue and Operational EBITDA by Reportable Segment FY 2021 vs. FY 2020. Kodak (KODK) Quote Overview Financials . We have also officially launched two products powered by our groundbreaking ULTRASTREAM inkjet technology: the KODAK PROSPER ULTRA 520 Press, which offers offset print quality in a smaller footprint, and the first flexible package printing system, the UTECO Sapphire EVO W Press. 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