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Kodak Stock Rises After Q4 Earnings, Cash Surge
Benzinga· 2026-03-13 15:04
Core Insights - Eastman Kodak Co reported stronger revenue and improved profitability for Q4 and full-year 2025, leading to a rise in stock price [1][6] Group 1: Financial Performance - Q4 revenue increased by 9% year over year to $290 million, driven by a 25% growth in the Advanced Materials & Chemicals segment to $85 million and a 4% increase in Print revenue to $195 million [2] - Gross profit rose by 31% to $67 million, while operational EBITDA more than doubled to $22 million from $9 million a year earlier [2] - For the full year, revenue increased by 2% to $1.069 billion, and operational EBITDA jumped by 138% to $62 million, indicating effective cost actions and efficiency measures [3] Group 2: Cash Position - Kodak's cash balance at the end of 2025 was $337 million, an increase of $136 million from the previous year, primarily due to the termination of the Kodak Retirement Income Plan [4] Group 3: Net Loss - Despite the positive revenue and EBITDA growth, Kodak reported a GAAP net loss of $108 million in Q4 and a full-year net loss of $128 million, attributed to one-time pension-related charges and debt extinguishment [4] Group 4: Valuation Metrics - Kodak has a Benzinga Edge Value score of 94.1, indicating strong valuation metrics relative to peers, but its Momentum score is 59.2 and Quality score is low at 9.5, suggesting moderate price momentum with weak underlying financial quality [5]