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ROCHESTER, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Eastman Kodak Company (NYSE:KODK) today reported financial results for the third quarter 2024. Third-quarter 2024 highlights include: Consolidated revenues of $261 million, compared with $269 million for Q3 2023, a decrease of $8 million or 3 percentGross profit of $45 million, compared with $50 million for Q3 2023, a decrease of $5 million or 10 percentGross profit percentage of 17 percent, compared with 19 percent for Q3 2023, a decrease of 2 percentage pointsGAAP net income of $18 million, compared with net income of $2 million for Q3 2023, an increase of $16 million or 800 percentOperational EBITDA of $1 million, compared with $1
Rochester, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Kodak will host the Third-Quarter 2024 Earnings call on Tuesday, November 12, 2024, at 5:00 pm ET. Executive Chairman and Chief Executive Officer James Continenza and Chief Financial Officer David Bullwinkle will host a conference call with financial analysts and investors to discuss the financial results. AUDIO CONFERENCE DETAILS: https://register.vevent.com/register/BI6ad75b73b0234a39a093a22db34f0099 Media Contact: Kurt Jaeckel, Kodak, +1 585-490-8646, [email protected] Investor Contact: Anthony Redding, Kodak, +1 585-724-4053, [email protected]
ROCHESTER, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Eastman Kodak Company (NYSE:KODK) today reported financial results for the second quarter 2024. Second-quarter 2024 highlights include: Consolidated revenues of $267 million, compared with $295 million for Q2 2023, a decrease of $28 million or 9 percentGross profit of $58 million, compared with $63 million for Q2 2023, a decrease of $5 million or 8 percentGross profit percentage of 22 percent, compared with 21 percent for Q2 2023, an increase of 1 percentage pointGAAP net income of $26 million, compared with net income of $35 million for Q2 2023, a decrease of $9 million or 26 percentOperational EBITDA of $12 million, compare
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This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL TRADE BULLISH 05/17/24 $905.00 $30.5K 5.5K 16.6K TSM CALL SWEEP
To gain an edge, this is what you need to know today. Hotter Inflation Data Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is in the resistance zone. As is their pattern, the momo crowd was buying ahead of the release of the Producer Price Index (PPI) on hope strategy. The momo crowd’s hopes were dashed when PPI data came much hotter than expected. Here are the details: Headline PPI came at 0.5% vs. 0.3% consensus. Core PPI came at 0.5% vs. 0.2% consensus. The chart shows the stock market first dipped on bad inflation data, b
Eastman Kodak (NYSE:KODK) reported quarterly earnings of $0.30 per share. This is unchanged from the same period last year. The company reported $249.00 million in sales this quarter. This is a 10.43 percent decrease over sales of $278.00 million the same period last year.
ROCHESTER, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Eastman Kodak Company (NYSE:KODK) today reported financial results for the third quarter 2024. Third-quarter 2024 highlights include: Consolidated revenues of $261 million, compared with $269 million for Q3 2023, a decrease of $8 million or 3 percentGross profit of $45 million, compared with $50 million for Q3 2023, a decrease of $5 million or 10 percentGross profit percentage of 17 percent, compared with 19 percent for Q3 2023, a decrease of 2 percentage pointsGAAP net income of $18 million, compared with net income of $2 million for Q3 2023, an increase of $16 million or 800 percentOperational EBITDA of $1 million, compared with $1
Rochester, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Kodak will host the Third-Quarter 2024 Earnings call on Tuesday, November 12, 2024, at 5:00 pm ET. Executive Chairman and Chief Executive Officer James Continenza and Chief Financial Officer David Bullwinkle will host a conference call with financial analysts and investors to discuss the financial results. AUDIO CONFERENCE DETAILS: https://register.vevent.com/register/BI6ad75b73b0234a39a093a22db34f0099 Media Contact: Kurt Jaeckel, Kodak, +1 585-490-8646, [email protected] Investor Contact: Anthony Redding, Kodak, +1 585-724-4053, [email protected]
ROCHESTER, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Eastman Kodak Company (NYSE:KODK) today reported financial results for the second quarter 2024. Second-quarter 2024 highlights include: Consolidated revenues of $267 million, compared with $295 million for Q2 2023, a decrease of $28 million or 9 percentGross profit of $58 million, compared with $63 million for Q2 2023, a decrease of $5 million or 8 percentGross profit percentage of 22 percent, compared with 21 percent for Q2 2023, an increase of 1 percentage pointGAAP net income of $26 million, compared with net income of $35 million for Q2 2023, a decrease of $9 million or 26 percentOperational EBITDA of $12 million, compare
Appoints Becky Roof as Interim Chief Financial Officer (CFO) and Engages AlixPartners to Accelerate Implementation of Special Committee Recommendations Faraday Future Intelligent Electric Inc. ("FF") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Becky Roof as interim Chief Financial Officer, and the engagement of AlixPartners, LLP. Effective immediately, Ms. Roof will replace Walter J. ("Chuck") McBride, who has stepped down from his position for health reasons. Sue Swenson, Executive Chairperson of Faraday Future, said, "As we push to accelerate our remediation plan and strengthen the Company's financ