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Kodak reports lower third-quarter net earnings News 

Kodak reports lower third-quarter net earnings

Eastman Kodak Co. reported financial results for the third quarter 2022, including consolidated revenues of $289 million, essentially level with last year, but GAAP net income declined to $2 million, compared with $8 million for Q3 2021. “For the third quarter of 2022, Kodak delivered year-over-year revenue growth for the sixth consecutive quarter. I’d like to thank our loyal customers... Read More
South Bend coffee shop rebrands as “Kodachrome Coffee” News 

South Bend coffee shop rebrands as “Kodachrome Coffee”

A South Bend, Indiana-based roasting company Zen Cafe has rebranded to become Kodachrome Coffee, according to a report in Daily Coffee News. The rebrand “is intended to provide a sharper focus on the company’s attention to craft, as well as on the relationships with producers developed over Kodachrome’s 10-plus years in business,” according to reporter Howard Bryman. The Dead Pixels Society... Read More
Kodak launches range of printing products New Products 

Kodak launches range of printing products

Eastman Kodak Co. announced the KODAK ASCEND Digital Press for the retail/POP and packaging markets. The company claims the KODAK ASCEND Digital Press is the first electrophotographic press designed to print heavyweight substrates at long lengths with CMYK and flat foil embellishments in one pass. It offers production speeds up to 572 sqm/hour (5280 sqft/hour) and its large sheet length... Read More
Kodak reports second-quarter 2021 results Events News 

Kodak reports second-quarter 2021 results

Eastman Kodak Co. reported financial results for the 2021 second quarter, including consolidated revenues of $291 million and a year-over-year improvement in cash performance. The company no longer breaks out photography-related financial data. “Kodak’s strong second-quarter performance reflects the impact of changes we’ve made and our continued focus on our core competencies and our long-term plan,” said Jim Continenza, Kodak’s... Read More
Eastman Kodak reports $6 million first-quarter net income Earnings reports News 

Eastman Kodak reports $6 million first-quarter net income

Eastman Kodak Co. reported first-quarter financial results, including consolidated revenues of $265 million, net income of $6 million, and a $401 million cash balance. “The steps we have taken in the last two years — strengthening our balance sheet, establishing a customer-first approach and continuing to invest in innovation — have created the foundation for growth,” said Jim Continenza, Kodak’s... Read More
The Dead Pixels Society podcast: Lessons learned from a life in the photo business, with Fred Lerner, MailPix Marketing Podcasts 

The Dead Pixels Society podcast: Lessons learned from a life in the photo business, with Fred Lerner, MailPix

Gary Pageau of the Dead Pixels Society talks with Fred Lerner, CEO and founder, MailPix, about the photo/imaging business. A meeting in a summer camp darkroom started Lerner on a decades-long career with leading photo industry companies like Berkey Photo and Eastman Kodak Co., as well as his own photofinishing labs, Lerner Photo and Lerner Processing Labs. He was also active in the Australian photofinishing industry at the dawn of one-hour processing. Later, ... Read More
Kodak announces new capital sources, debt structure News 

Kodak announces new capital sources, debt structure

Eastman Kodak Co. announced a series of financial transactions providing access to new capital, addressing maturing debt obligations, and strengthening the company’s ability to invest in strategic growth opportunities in print, advanced materials and chemicals, the company said. Kennedy Lewis Investment Management LLC has provided Kodak with an initial $225 million term loan and a commitment to provide delayed-draw term... Read More
Pigment.Inc. B.V. Europe to distribute Kodak garment inks News 

Pigment.Inc. B.V. Europe to distribute Kodak garment inks

Eastman Kodak Co. announces a partnership with Pigment.inc B.V Europe to be the premier worldwide distributor of Kodak’s KODACOLOR EDTG Series Direct to Garment (DTG) Inks. The KODACOLOR EDTG Series Inks from Kodak were explicitly designed for direct-to-fabric printing on cotton, cotton blends, and polyester fabrics. This water-based ink is designed to work in digital printers that employ piezo-electric printheads... Read More
Kodak reports second-quarter 2020 loss Earnings reports 

Kodak reports second-quarter 2020 loss

Eastman Kodak Co. reported second-quarter 2020 revenues of $213 million and a net loss of $5 million. “Kodak continued to navigate the challenges posed by the pandemic during the second quarter,” said Jim Continenza, Kodak’s Executive Chairman. “Although the print industry slowdown impacted our performance, we continued to serve our customers and furthered our long history of innovation through the... Read More
Kodak updates digital and offset portfolio New Products 

Kodak updates digital and offset portfolio

Eastman Kodak Co. announced the KODAK PROSPER 6000 Press which delivers offset-like quality at a consistent production speed of 150 mpm/500 FPM on glossy papers with high ink coverage and variable print — all at the industry’s lowest cost of operation, the company said. The new press is the first Kodak-manufactured press using Kodak’s ULTRASTREAM writing system, which employs high-precision... Read More
Kodak reports lower sales and greater loss in first quarter Earnings reports News 

Kodak reports lower sales and greater loss in first quarter

Eastman Kodak Co. reported a first-quarter loss of net loss of $111 million on consolidated revenues of $267 million. The net loss includes expense of $167 million related to the increase in deferred tax valuation allowances for locations outside the U.S. and income of $53 million related to the change in fair value of embedded derivatives in the Series A Preferred... Read More
Kodak reports $1.2 billion revenues and $116 million earnings for 2019 Earnings reports 

Kodak reports $1.2 billion revenues and $116 million earnings for 2019

Eastman Kodak Co. reported full-year 2019 financial results. including revenues of $1.2 billion (about $100 million less than the prior year), continued growth in key product areas and net earnings of $116 million (compared to a $16 million loss in 2018). The company’s revenues were boosted by the sales of its Flexographic Packaging Division. Other highlights: Key product lines achieved... Read More
Former Xaar CEO Doug Edwards joins  EFI as CTO People on the Move 

Former Xaar CEO Doug Edwards joins EFI as CTO

Electronics For Imaging, Inc. named veteran print technology executive Dr. Douglas Edwards as its Chief Technology Officer. Edwards replaces longtime technology leader Ghilad Dziesietnik, who recently retired after nearly 25 years with EFI – the last 14 as CTO. Edwards was CEO of Cambridge, England-based Xaar plc, a leading developer of inkjet print head technologies for industrial printing, and Chairman... Read More