Kodak (KODK) Stock Surges Over 5% Amid Earnings Report

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Nov 20, 2024
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Kodak (KODK, Financial) experienced a significant stock price increase of 5.13%, reaching $5.53 per share with a trading volume of 651,844 shares and a turnover rate of 0.81%. The stock's amplitude was noted at 7.41%. Recent earnings reports show Kodak achieved a revenue of $261 million, a net profit of $18 million, and earnings per share of $0.16. The gross profit stood at $45 million, with a price-to-earnings ratio of 7.90. Currently, there are no institutional ratings recommending to buy, hold, or sell the stock.

Within the professional business services sector, where Kodak operates, the overall decline was 0.04%. Notable performers in the sector included Dolby Laboratories, Smx (Security Matters) Public Limited Company, and Primech Holdings Ltd., which saw significant gains. Smx (Security Matters) Public Limited Company was particularly active, with a turnover rate of 275.10% and an amplitude of 24.61%.

Kodak, headquartered in the United States, operates through various business segments, including printing, brand, and advanced materials and chemicals. The printing segment is the primary revenue driver, offering products like digital offset plates, computer-to-plate imaging solutions, premium digital printing solutions based on charged toner technology, production printing systems, consumables, inkjet components, software, and services. The company's revenue is derived from regions including the U.S., Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.