Business

Kodak Reports First-Quarter 2025 Financial Results

ROCHESTER, N.Y., May 08, 2025--Kodak Reports First-Quarter 2025 Financial Results

articleEastman Kodak CompanyMay 8, 202516/company/eastman-kodak-co/news/kodak-reports-first-quarter-2025-201500603
Kodak Reports First-Quarter 2025 Financial Results

About this update from Eastman Kodak Company

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/a55dfb56edfb4b11f91a125209ed35b5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mxFmlGOTHF3joEVHQDcERA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a55dfb56edfb4b11f91a125209ed35b5","width":480,"height":480}},"lazy":false},{"type":"text","content":"ROCHESTER, N.Y., May 08, 2025--(BUSINESS WIRE)--Eastman Kodak Company (NYSE: KODK) today reported financial results for the first quarter 2025.","length":143,"tagName":"p"},{"type":"text","content":"First quarter 2025 highlights include:","length":38,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Consolidated revenues of $247 million, compared with $249 million for Q1 2024, roughly flat year over year","length":106,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit of $46 million, compared with $49 million for Q1 2024, a decrease of $3 million or 6 percent","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit percentage of 19 percent, compared with 20 percent for Q1 2024, roughly flat year over year","length":104,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss of $7 million, compared with net income of $32 million for Q1 2024, a decrease of $39 million or 122 percent","length":122,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operational EBITDA of $2 million, compared with $4 million for Q1 2024, a decrease of $2 million or 50 percent","length":110,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"A quarter-end cash balance of $158 million, compared with $201 million on December 31, 2024, a decrease of $43 million; cash flow from operations decreased by $55 million from the prior- year period","length":198,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":745,"olType":false},{"type":"text","content":""In the first quarter, we continued to focus on key elements of our long-term plan: streamlining our operations, shedding unprofitable businesses and investing in long-term growth initiatives," said Jim Continenza, Kodak’s Executive Chairman and CEO. &qu...

More updates from Eastman Kodak Company

Eastman Kodak CompanyOperational EBITDAFINANCIAL STATEMENTSforeign exchange ratesforeign exchangeAdvanced Materials