Stock Track | Eastman Kodak Plunges 14.77% in Pre-Market After Disappointing Q1 Earnings with Widening Losses

Stock Track
Yesterday

Eastman Kodak's stock experienced a pre-market plunge of 14.77% on Friday, continuing the negative momentum from the previous trading session.

The sharp decline was triggered by the company's first-quarter 2026 financial results, which showed a GAAP net loss of $16 million, significantly wider than the $7 million loss reported in the same period last year. Losses per share also deteriorated, coming in at $(0.21) compared to $(0.12) a year earlier, representing a 75% increase in losses year-over-year.

While the company reported a 7% year-over-year increase in revenue to $265 million and an improvement in operational EBITDA to $15 million from $2 million, investors focused on the expanding bottom-line losses, leading to the substantial sell-off in pre-market trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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