MARKET COMPOSITE
KODK - Eastman Kodak Co.7:41:00 PM 4/18/2024
Price
$4.62
+ 0.06 (1.21%)
The Eastman Kodak Company is an American public company that produces various products related to its historic basis in analogue photography. The company is headquartered in Rochester, New York, and is incorporated in New Jersey. Kodak provides packaging, functional printing, graphic communications, and professional services for businesses around the world. Its main business segments are Print Systems, Enterprise Inkjet Systems, Micro 3D Printing and Packaging, Software and Solutions, and Consumer and Film. It is best known for photographic film products. Kodak was founded by George Eastman and Henry A. Strong on September 4, 1888. During most of the 20th century, Kodak held a dominant position in photographic film. The company's ubiquity was such that its "Kodak moment" tagline entered the common lexicon to describe a personal event that deserved to be recorded for posterity. Kodak began to struggle financially in the late 1990s, as a result of the decline in sales of photographic film and its slowness in moving to digital photography, despite developing the first self-contained digital camera. As a part of a turnaround strategy, Kodak began to focus on digital photography and digital printing, and attempted to generate revenues through aggressive patent litigation.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue275MM+2%
Gross Profit47MM-6%
Cost Of Revenue228MM+4%
Operating Income-13MM-750%
Operating Expenses60MM-
Net Income5MM-
R&D9MM+29%
G&A45MM+12%
Interest Expense16MM+14%
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    A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arranging a surprise $765 million loan from the Trump administration to make drug ingredients. Andrew Stiles and Gray Stiles each admitted to one count of securities fraud at a hearing before U.S. District Judge Ronnie Abrams in Manhattan. Both defendants were accused of buying Kodak shares in anticipation of the U.S. International Development Fin...

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    Prinics, a Korean-based printing technology company specializing in photo printers, launched its 'ERA' line with 6 products - Kodak MiniShot 4 ERA, Kodak MiniShot 3 ERA, Kodak MiniShot 2 ERA, Kodak Mini 3 ERA, Kodak Mini 2 ERA, and Kodak Dock ERA in the USA on March 15, 2024. The ERA products offer state-of-the-art features for high-quality photos and allow you to print memorable moments. The KODAK MiniShot 4 ERA is the world's first 4X4 square-type instant camera which can be put to good use fo

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    HANOVER PARK, Ill., March 20, 2024 (GLOBE NEWSWIRE) -- FUJIFILM North America Corporation, Graphic Communication Division today announced that FUJIFILM Corporation filed a patent infringement lawsuit against Eastman Kodak Company (NYSE: KODK) in the United States District Court for the District of New Jersey. Fujifilm has asserted four patents (U.S. Patent Nos. 10,427,443, 10,525,696, 10,875,346, and 11,294,279) pertaining to various aspects of processless lithographic printing plate technologie

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    Eastman Kodak Company (NYSE:KODK) Q4 2023 Earnings Call Transcript March 14, 2024 Eastman Kodak Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the Eastman Kodak Q4 2023 Earnings Conference Call. At this time, all participants are on […]

    Q4 2023 Eastman Kodak Co Earnings Call