Kodak (KODK) Reports Q1 Revenues of $267M

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Go back to Kodak (KODK) Reports Q1 Revenues of $267M

Kodak Reports First-Quarter 2020 Financial Results

May 12, 2020 4:15 PM EDT

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Eastman Kodak Company (NYSE: KODK) today reported financial results for the first quarter 2020, including consolidated revenues of $267 million.

Highlights include:

Consolidated revenues for Q1 2020 of $267 million. GAAP net loss of $111 million for the quarter ended March 31, 2020. Current quarter net loss includes expense of $167 million related to the increase in deferred tax valuation allowances for locations outside the U.S. and income of $53 million related to the change in fair value of embedded derivatives in the Series A... More