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23 August 2022
Kodak Sales Up 10% , Profits Up 25%
ROCHESTER . NEW YORK—
Eastman Kodak reported financial results for the second quarter 2022, including consolidated revenues of $321 million and continued growth in key product KODAK SONORA Process Free Plates. For the quarter ended June 30, 2022, revenues were $321 million, an improvement of $30 million compared to the same period in 2021. The Company net income of $20 million for the quarter, compared to $16 million in the prior-year quarter.
Jim Continenza, Kodak’s Executive Chairman and CEO. “We continue to invest in digital print technologies designed to help our customers mitigate cost and supply risks associated with traditional prepress.We have launched the KODAK PROSPER 7000 Turbo Press, the world’s fastest inkjet press, and the KODAK ASCEND Digital Press, the perfect solution for the growing retail/point of purchase and high-end packaging markets. We have also officially launched two products powered by our groundbreaking ULTRASTREAM inkjet technology: the KODAK PROSPER ULTRA 520 Press, which offers offset print quality in a smaller footprint, and the first flexible package printing system, the UTECO Sapphire EVO W Press.
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