iGPS posts $14.74 million net loss for July, $5.63 million in revenue

By Caroline Salls

Pittsburgh, Aug. 23 - iGPS Co. LLC reported a $14.74 million net loss for July on $5.63 million in total revenue, according to its monthly operating report filed Aug. 23 with the U.S. Bankruptcy Court for the District of Delaware.

The company had $1.02 million in cash as of July 31.

iGPS, an Orlando-based operator and owner of a global pallet rental pool with embedded RFID tags, filed for bankruptcy on June 4. The Chapter 11 case number is 13-11459.

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