Stock Track | Eastman Kodak Plunges 12.09% After-Hours on Disappointing Q2 Results, Swings to $26M Loss

Stock Track
08/12

Shares of Eastman Kodak (KODK) plummeted 12.09% in after-hours trading on Monday following the release of the company's second-quarter 2025 financial results. The imaging technology company reported a significant downturn in performance, swinging from a profit to a substantial loss.

Kodak's Q2 results revealed a consolidated revenue of $263 million, marking a slight 1% decrease from $267 million in the same period last year. However, the most striking figure was the company's bottom line, which swung dramatically from a net income of $26 million in Q2 2024 to a net loss of $26 million this quarter. This represents a staggering 200% decrease year-over-year. The company's earnings per share (EPS) also reflected this downturn, falling to $(0.36) from $0.23 in the previous year.

Other key financial metrics also showed signs of strain. Operational EBITDA declined by 25% to $9 million, down from $12 million in Q2 2024. The company attributed this decrease to lower volumes, increased aluminum and manufacturing costs, partially offset by price increases and reduced spending on IT systems and trade show-related expenses. Additionally, Kodak's cash balance fell to $155 million from $201 million at the end of 2024, primarily due to capital expenditures for growth initiatives and changes in working capital. The market's severe reaction to these results suggests investors are concerned about Kodak's financial health and future growth prospects.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10