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KODK — Eastman Kodak News Story

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Eastman Kodak Q2 revenue rises on pricing and volume gains

Eastman Kodak Q2 revenue rises on pricing and volume gains


Overview

  • US print and advanced materials maker's Q2 revenue rose 18% yr/yr

  • Q2 net income turned positive from a loss a year earlier

  • Operational EBITDA for Q2 more than tripled yr/yr


Outlook

  • Kodak says it will focus on expanding core businesses and increasing operational efficiency

  • Company plans to accelerate investments in R&D to support growth initiatives


Result Drivers

  • SEGMENT GROWTH - Advanced Materials & Chemicals and Print segments saw higher revenue and Operational EBITDA

  • PRICING AND VOLUME - Improved pricing and higher sales volume drove Operational EBITDA gains

  • HIGHER INPUT COSTS - Rising silver and aluminum prices and increased SG&A expenses partially offset gains


Company press release: ID:nBw95LxqMa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$311 mln

Q2 Net Income

$17 mln

Q2 Operational EBITDA

$36 mln


Reuters Recommended Reads

  • Aug 4 - UK's Xaar H1 revenue rises 9.2%, returns to profit

  • Aug 3 - Canada's 5N Plus Q2 revenue beats estimates on Specialty Semiconductors and Performance Materials volumes

  • Aug 4 - Ball Corp beats quarterly estimates on steady demand for its aluminum cans


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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