Core Insights - The Kodak photo printer, produced by Prinics Co., Ltd., has achieved bestseller status on Amazon globally [1] - A new product line, the ERA lineup, has been launched, expanding the existing RETRO lineup with various sizes of instant cameras and printers [2] - Prinics Co., Ltd. emphasizes customer satisfaction and plans to continue releasing diverse products under the slogan "Print happiness" [3] Product Offerings - The ERA lineup includes the Kodak Mini Shot 4 ERA, the world's first instant camera for 4-inch square photo printing, along with a 1-inch camera (Memo Shot ERA) and a 0.5-inch printer (Memo Label ERA) [2] - The retro lineup features 2-inch, 3-inch, and 6-inch film format instant cameras and photo printers, with the Kodak Mini Shot 3 recognized as a leader in the 3-inch instant camera market [4] - The Kodak Dock Plus, a 6-inch photo printer with a unique docking system, has maintained bestseller status on Amazon for approximately 5 years [4] Market Performance - As of May 27, 2024, nine Kodak products have been recognized as bestsellers on Amazon and Walmart across seven countries [3] - Kodak's instant cameras offer 2-in-1 functionality, allowing users to print smartphone images, and are competitively priced when bundled with cartridges [5] Company Overview - Kodak (NYSE: KODK) is a prominent global manufacturer focused on commercial print and advanced materials & chemicals, holding 79,000 patents from over 130 years of R&D [6] - The company is committed to environmental stewardship and aims to lead in developing sustainable solutions for print [6]

Exhibit 99.1 Media Contact: Kurt Jaeckel, Kodak, +1 585-490-8646, kurt.jaeckel@kodak.com Investor Contact: Anthony Redding, Kodak, +1 585-724-4053, shareholderservices@kodak.com Kodak Reports First-Quarter 2024 Financial Results ROCHESTER, N.Y., May 9, 2024 – Eastman Kodak Company (NYSE: KODK) today reported financial results for the first quarter 2024. First-quarter 2024 highlights include: "For the first quarter, Kodak continued to build on its strong foundation, generating cash and delivering a gross pro ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: March 31, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-00087 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Nam ...

ROCHESTER, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Kodak will host the First-Quarter 2024 Earnings call on Thursday, May 9th 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. EVENT DETAILS Title: Eastman Kodak Q1 2024 Earnings Conference Call Start Date: 05/09/2024 Start Time: 5:00 PM EST AUDIO CONFERENCE DETAILS Audience Conferenc ...

SEOUL, South Korea, March 30, 2024 /PRNewswire/ -- 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 ...

Financial Data and Key Metrics Changes - The company reported a revenue decrease of $30 million, representing a 10% decline compared to the prior year quarter, and a decrease of $88 million or 7% for the full year [17][46] - Gross profit percentage improved to 17% in Q4 2023 from 14% in the prior year quarter, and for the full year, it was 19% compared to 14% in the prior year [19][40] - Net income for Q4 2023 was $5 million, down from $7 million in the prior year quarter, but adjusted net income for 2023 was $99 million compared to $8 million in the prior year, reflecting a significant improvement [30][48] Business Line Data and Key Metrics Changes - The Advanced Materials and Chemicals (AMC) segment is seeing growing revenue contributions, with ongoing investments in long-term growth initiatives [13] - The company is expanding its film production capacity with a new film spooler to meet increasing demand, highlighting the continued relevance of film in the industry [15] Market Data and Key Metrics Changes - The company is focusing on maintaining a reliable supply chain for its customers, particularly in traditional and digital print processes, to mitigate risks associated with global supply chain disruptions [16] Company Strategy and Development Direction - Kodak is committed to investing in innovation and operational efficiency, focusing on core competencies in print and AMC to drive long-term growth and profitability [12][58] - The company aims to continue improving its operational excellence and customer satisfaction, emphasizing a customer-first approach [12][59] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the company's performance despite challenging global economic conditions, emphasizing the importance of executing a long-term plan and investing in innovation [20][57] - The company remains focused on reducing costs and increasing efficiencies while continuing to support its customers [58][59] Other Important Information - Kodak completed a refinancing transaction in Q3 2023, providing net cash proceeds of $29 million for general corporate purposes [24] - The company recorded total deferred revenue of approximately $57 million from long-term brand licensing arrangements [25] Summary of Q&A Session Questions and Answers - No formal Q&A session was held during the call, but the management team is available for follow-up inquiries [7]

$34M Year-OverYear Increase in Cash Flow from Net Earnings $120M YearOver-Year Increase in Cash Flow from Balance Sheet Changes Net increase (decrease) in cash, cash equivalents and restricted cash $ 91 $ (137) $ 228 Net increase in restricted cash (53) (8) (45) Net proceeds from refinancing transactions, net of funding L/C Cash Collateral account (31) (49) 18 Refund from Non-U.S. Governmental Authority (9) - (9) Effect of exchange rates on cash - 8 (8) Adjusted net decrease in cash and cash equivalents $ ( ...

Exhibit 99.1 Media Contact: Kurt Jaeckel, Kodak, +1 585-490-8646, kurt.jaeckel@kodak.com Investor Contact: Anthony Redding, Kodak, +1 585-724-4053, shareholderservices@kodak.com Kodak Reports Fourth-Quarter and Full-Year 2023 Financial Results ROCHESTER, N.Y., March 14, 2024 – Eastman Kodak Company (NYSE: KODK) today reported financial results for the fourth quarter and full year 2023. Fourth-quarter 2023 highlights include: Full-year 2023 highlights include: ● Consolidated revenues of $275 million, compare ...

Revenue Segmentation - Prepress Solutions accounted for 56%, 59%, and 57% of Kodak's total net revenue for the years ended December 31, 2023, 2022, and 2021, respectively[26]. - Kodak's Advanced Materials and Chemicals segment generated approximately 34% of total segment revenues from Kodak Alaris in 2023, compared to 32% in both 2022 and 2021[27]. - The Industrial Film and Chemicals business accounted for 18%, 15%, and 14% of Kodak's total net revenue for the years ended December 31, 2023, 2022, and 2021, respectively[33]. Strategic Partnerships and Innovations - Kodak established a strategic relationship with Lucky HuaGuang Graphics Co. Ltd in September 2019 to expand the plates market in China, with a supply agreement expiring in Q3 2024[24]. - Kodak's PROSPER business includes press systems and components based on Continuous Inkjet Technologies, contributing to recurring revenue from ink and equipment service[21]. - Kodak's Software business added a cloud-based PRINERGY On Demand Platform in 2022, enhancing its production workflow solutions[24]. - Kodak ceased manufacturing NEXFINITY printers in December 2022 but continues to offer consumables and service for the installed base[30]. - Kodak's research and development efforts focus on obtaining patents to protect its innovations, contributing to its competitive advantage in various technologies[37]. Workforce and Sustainability - Kodak employs approximately 4,000 employees across 34 countries as of the end of 2023, emphasizing the importance of a skilled workforce[44]. - Kodak aims to drive sustainability by developing products that minimize resource use and reduce costs over time[42]. Financial Risks and Management - Kodak is exposed to changes in foreign currency exchange rates, commodity prices, and interest rates, which may adversely affect its financial position[339]. - A 10% stronger U.S. dollar at December 31, 2023 would decrease the fair value of open foreign currency forward contracts by $12 million[341]. - The fair value of Kodak's fixed-rate debt would change by approximately $5 million with a 10% change in market interest rates at December 31, 2023[342]. - Kodak's maximum credit exposure at December 31, 2023 was not significant, managed through high-quality counterparties[343]. - Kodak utilizes foreign currency forward contracts to hedge existing foreign currency denominated assets and liabilities[339]. - The majority of Kodak's debt is fixed rate, which is sensitive to changes in interest rates[342]. - Kodak does not utilize financial instruments for trading or speculative purposes[339]. - Long-term debt is primarily used to finance long-term investments, while short-term debt meets working capital needs[340]. - Kodak has procedures to monitor credit exposure amounts and requires specific minimum credit standards for counterparties[343]. - A 10% change in market interest rates would change the fair value of Kodak's debt by approximately $2 million at December 31, 2022[342].

Eastman Kodak (NYSE: KODK) stock price formed a god candle on Thursday, making it one of the best-performing companies in Wall Street. It jumped by more than 52%, its highest point since July 23rd. It has soared by more than 60% from its lowest level this year, giving it a market cap of more than $278 million. Why KODK shares surgedCopy link to sectionEastman Kodak share price surged hard on Thursday after an important report by Bloomberg. The report said that the company was disbanding a team that manages ...