Interep net loss widens to $2.94 million in July

By Caroline Salls

Pittsburgh, Aug. 25 - Interep National Radio Sales, Inc. reported a $2.94 million net loss for July on $3.25 million in revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

The figures showed a decline over an $859,000 net loss posted for June on $4.92 million in revenues.

Cash on July 31 was $31,000, compared with $527,000 at the end of June.

Interep, a New York-based radio advertising and marketing company, filed for bankruptcy on March 30. Its Chapter 11 case number is 08-11079.

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