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Kodak Reports 3Q 2023 Financial Results

Cash flow from operations improved $151 million in the nine months ended Sept. 30, 2023, compared with the prior year period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company reported financial results for the third quarter 2023. Third quarter 2023 highlights include: • Consolidated revenues of $269 million, compared with $289 million for Q3 2022, a decrease of $20 million or 7 percent • Gross profit of $50 million, compared to $43 million for Q3 2022, an increase of $7 million or 16 percent • Gross profit percentage of 19%, compared with 15% for Q3 2022 • GAAP net income of $2 million, flat compared with Q3 2022 • Operational EBITDA of ...

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