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Published on 3/28/2006 in the Prospect News Distressed Debt Daily.

Integrated Electrical posts $473,000 February operating loss

By Caroline Salls

Pittsburgh, March 28 - Integrated Electrical Services, Inc. reported a $473,000 operating loss for February on $38.8 million of revenue, according to its monthly operating report filed on Tuesday with the U.S. Bankruptcy Court for the Northern District of Texas.

The net loss for the month was $5.4 million.

Cash on Feb. 28 was $32.76 million.

Integrated Electrical Services, a Houston-based provider of electrical services to the commercial, industrial and residential markets, filed for bankruptcy on Feb. 14. Its Chapter 11 case number is 06-30602.


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