E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/1/2007 in the Prospect News Distressed Debt Daily.

Communications Corp. of America posts $1.13 million April income from operations

By Caroline Salls

Pittsburgh, June 1 - Communications Corp. of America, Inc. reported a $1.13 million income from operations for April on $6.2 million in revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Western District of Louisiana.

In March, the company posted a $1.5 million income from operations on $6.51 million in revenues.

The net loss for April was $3.25 million, up from a $3.04 million March net loss.

Cash on April 30 was $6.1 million, compared with $5.95 million at the end of March.

Communications Corp. of America, a Lafayette, La., television station owner, filed for bankruptcy on June 7, 2006. Its Chapter 11 case number is 06-50410.


© 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.