Business Context and Reporting Period
Company: Eastman Kodak Company
Filing Type: Form 8-K (Current Report)
Date: February 4, 2010
Event: Announcement of the Company's annual strategy review meeting held in New York City.
Financial Metrics
This filing serves as a notification of an upcoming event and does not contain specific financial data points such as revenue, profit, cash flow, margins, debt, or liquidity figures. The text references the use of various non-GAAP financial measures in the associated press release and presentation materials but does not list their values within this document.
Material Changes
No material changes to financial results or operations are reported in this specific filing. The document focuses on the disclosure of non-GAAP measures that will be presented at the strategy review meeting.
Guidance, Outlook, and Management Commentary
- Non-GAAP Measures: Management intends to present several non-GAAP financial measures to assist investors in assessing underlying performance. These include:
- Gross profit excluding restructuring as a percent of revenue
- Earnings from operations as a percent of revenue
- Cash Generation before restructuring payments as a percent of revenue
- Digital revenue and Traditional revenue
- FPEG EFO as a percent of revenue without pension income (expense)
- Digital gross profit, SG&A, R&D, and EFO as a percent of revenue
- Quarter-over-quarter percent digital revenue change (excluding non-recurring IP royalties)
- EBITDA and Segment earnings
- Digital revenue compound annual growth rate (CAGR)
- Availability: A webcast of the meeting, presentation materials, and reconciliations of non-GAAP measures to GAAP measures are available on the Company's website.
- Legal Disclaimer: The information in this report and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings.
Key Facts for Investor Verification
- Verify the specific values of the non-GAAP measures listed above by accessing the press release (Exhibit 99.1) and presentation materials on the Company's investor website.
- Review the reconciliations of non-GAAP measures to the most directly comparable GAAP measures provided in the presentation materials to understand the adjustments made.
- Confirm the date and content of the annual strategy review meeting webcast for detailed management commentary.