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Published on 1/31/2018 in the Prospect News Distressed Debt Daily.

Ciber sees $16.83 million loss for Nov. 1 to Dec. 1 on zero revenue

By Caroline Salls

Pittsburgh, Jan. 31 – Ciber, Inc. had an operating loss of $16.83 million for the period of Nov. 1 through Dec. 31 on zero revenue, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.

In October, Ciber posted a $1.02 million operating loss, also on zero revenue.

Cash was $16.69 million as of Dec. 31, down from $34.63 million at the end of October.

Ciber is a Greenwood Village, Colo.-based system integration and information technology services consulting company. The company filed bankruptcy on April 9, 2017 in the U.S. Bankruptcy Court for the District of Delaware under Chapter 11 case number 17-10772.


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