BRIEF-Kodak Reports Full-Year 2020 Results

March 16 (Reuters) - 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

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