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KODK — Eastman Kodak News Story

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Kodak Q1 revenue, operational EBITDA jumpsrise on improved pricing

Overview

US commercial print and chemicals maker's Q1 revenue rose 7% yr/yr to $265 mln

Operational EBITDA jumped to $15 mln from $2 mln, driven by improved pricing

Net loss widened to $16 mln from $7 mln a year earlier

Outlook

Company did not provide specific financial guidance for the current or future periods

Result Drivers

IMPROVED PRICING - Increase in Operational EBITDA was primarily driven by improved pricing

HIGHER COMMODITY COSTS - Higher manufacturing costs and increased silver and aluminum prices partially offset gains, per company

SEGMENT REVENUE GROWTH - Print and Advanced Materials & Chemicals segments both posted year-over-year revenue increases

Company press release: ID:nBw4Xp6K1a

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Revenue$265 mln
Q1 Net Income-$16 mln
Q1 Operational EBITDA$15 mln
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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