Eastman Kodak (NYSE:KODK) Announces Earnings Results

Eastman Kodak (NYSE:KODK) posted its quarterly earnings data on Tuesday. The technology company reported $0.13 EPS for the quarter, Zacks reports. Eastman Kodak had a negative return on equity of 21.13% and a negative net margin of 12.60%.

Here are the key takeaways from Eastman Kodak’s conference call:

• Strong second-quarter improvement: Revenue rose 18% year over year to $311 million, gross profit increased 61% to $82 million, and Operational EBITDA reached $36 million versus $9 million a year earlier. GAAP net income improved to $17 million from a $26 million loss.
• Both major operating segments grew: Advanced Materials & Chemicals revenue increased 40% to $105 million, while Commercial Print revenue rose 10% to $195 million, supported by higher volumes and favorable pricing.
• Balance-sheet leverage continued to improve: Kodak made $100 million in term-loan repayments during the first half, reduced interest expense, and increased net cash to $180 million from $128 million at year-end 2025.
• Management is shifting from stabilization toward growth, investing in pharmaceutical products, battery-coating capabilities, motion-picture film, and R&D. However, higher aluminum and silver costs, increased SG&A, a $37 million inventory increase, and lower pension income remain financial headwinds.

Eastman Kodak Trading Up 5.5%

Shares of KODK opened at $8.93 on Wednesday. The company has a current ratio of 2.53, a quick ratio of 1.71 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average is $8.91 and its two-hundred day moving average is $9.13. Eastman Kodak has a twelve month low of $4.94 and a twelve month high of $14.87. The firm has a market capitalization of $874.04 million, a P/E ratio of -4.75 and a beta of 1.56.

Institutional Investors Weigh In On Eastman Kodak

A number of hedge funds and other institutional investors have recently modified their holdings of KODK. Marshall Wace LLP grew its holdings in shares of Eastman Kodak by 32.8% in the 4th quarter. Marshall Wace LLP now owns 3,817,610 shares of the technology company’s stock worth $32,297,000 after acquiring an additional 942,413 shares during the period. Goldman Sachs Group Inc. boosted its position in Eastman Kodak by 225.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 830,732 shares of the technology company’s stock worth $7,028,000 after purchasing an additional 575,733 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in Eastman Kodak by 3.6% during the second quarter. Bridgeway Capital Management LLC now owns 760,108 shares of the technology company’s stock worth $4,295,000 after purchasing an additional 26,729 shares in the last quarter. Millennium Management LLC grew its holdings in Eastman Kodak by 97.2% in the fourth quarter. Millennium Management LLC now owns 536,957 shares of the technology company’s stock valued at $4,543,000 after purchasing an additional 264,629 shares during the last quarter. Finally, UBS Group AG grew its holdings in Eastman Kodak by 39.0% in the third quarter. UBS Group AG now owns 471,773 shares of the technology company’s stock valued at $3,024,000 after purchasing an additional 132,424 shares during the last quarter. 33.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KODK has been the subject of several recent analyst reports. Wall Street Zen cut Eastman Kodak from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings cut Eastman Kodak from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Eastman Kodak Company Profile

Eastman Kodak Company (NYSE: KODK) is a global technology firm specializing in imaging, printing and advanced materials. The company offers a wide array of products and services that enable customers to create, manage and share visual content across traditional and digital platforms. Its core offerings include graphic communications solutions, enterprise inkjet systems, packaging technologies, functional printing and micro 3D printing systems.

Kodak’s graphic communications segment serves commercial printers, packaging converters and publishing houses with offset plates, digital presses, workflow software and services designed to streamline production.