Rural/Metro reports $7.1 million of operating income for September

By Jim Witters

Wilmington, Del., Nov. 15 - Rural/Metro Corp. reported $7.1 million of operating income for September on net revenue of $52.57 million, according to the company's monthly operating report filed Nov. 14 with the U.S. Bankruptcy Court for the District of Delaware.

Those figures compare to operating income of $492,000 on $55.27 million of net revenue for the Aug. 5 through Aug. 31 period.

The net loss for September was $716,000, compared to $14.28 million in August.

The company also reported cash and cash equivalents of $66.06 million as of Sept. 30, up from $49.13 million at the end of August.

Rural/Metro, a Scottsdale, Ariz.-based provider of emergency and non-emergency ambulance services and private fire protection, filed for bankruptcy on Aug. 5. The Chapter 11 case number is 13-11952.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.