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Exhibit 99.1 Kodak Reports Third - Quarter 2021 Financial Results ROCHESTER , N.Y .-- ( BUSINESS WIRE ) -- November 9 , 2021 -- Eastman Kodak Company ( NYSE : KODK ) today reported financial results for the third quarter 2021 , including consolidated revenues of $ 287 million and continued growth in key product areas . Third - quarter 2021 highlights include : • Consolidated revenues of $ 287 million • GAAP net income of $ 8 million • The Company ended the quarter with a cash balance of $ 380 million " I'm pleased with our continued improvement in the third quarter despite challenges posed by supply chain issues , labor shortages and inflationary pressures , ” said Jim Continenza , Kodak's Executive Chairman and CEO . “ Our core print business has achieved increased market share in environmentally - friendly process - free plates and we are well positioned to continue growing that important segment . Looking forward , we'll continue to execute our go - to - market strategy focused on driving profitable revenue and growth . " For the quarter ended September 30 , 2021 , revenues were $ 287 million , an improvement of $ 35 million compared to the prior- year quarter . Kodak ended the third quarter with a cash balance of $ 380 million , an increase of $ 184 million from December 31 , 2020. GAAP net income was $ 8 million for the third quarter , compared to a net loss of $ 445 million in the third quarter 2020 . The prior year quarter included a charge of $ 416 million to reflect the increased value of the derivative liability embedded in the convertible notes immediately prior to conversion . Operational EBITDA for the quarter was $ 6 million compared to negative $ 1 million in the prior - year quarter . " During the third quarter we continued to see strong growth in our key product areas , including SONORA Process Free Plates volume and PROSPER annuities which were up 35 and 17 percent respectively compared to the prior - year quarter , ” said David Bullwinkle , Kodak's CFO . “ Kodak used $ 15 million in cash for the quarter , primarily driven by ongoing global cost increases which we are taking actions to address . We will continue to execute on our long - term plan - focusing on our core businesses and investing in future growth . "