SPY417.26+1.39 0.33%
DIA341.86+1.53 0.45%
IXIC14,052.34+13.58 0.10%

BRIEF-Kodak Reports Full-Year 2020 Results

· 03/16/2021 17:03
BRIEF-Kodak Reports Full-Year 2020 Results

- Eastman Kodak Co KODK.N:

  • KODAK REPORTS FULL-YEAR 2020 FINANCIAL RESULTS

  • EASTMAN KODAK CO - 2020 CONSOLIDATED REVENUES OF $1 BILLION

  • EASTMAN KODAK CO - GAAP NET LOSS WAS $541 MILLION FOR YEAR ENDED DECEMBER 31, 2020

  • EASTMAN KODAK - FY GAAP NET LOSS INCLUDED A CHARGE OF $416 MILLION TO REFLECT INCREASED VALUE OF DERIVATIVE LIABILITY EMBEDDED IN CONVERTIBLE NOTES

  • EASTMAN KODAK CO - OPERATIONAL EBITDA WAS NEGATIVE $1 MILLION FOR YEAR ENDED DECEMBER 31, 2020, COMPARED WITH $13 MILLION IN 2019

Source text for Eikon: ID:nBw133d6Ma

Further company coverage: KODK.N


((Reuters.Briefs@thomsonreuters.com;))