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AOL Latin America posts $154 February operating loss
By Caroline Salls
Pittsburgh, March 21 - America Online Latin America, Inc. reported a $154 operating loss for February on zero revenues, according to a Tuesday filing with the Securities and Exchange Commission.
The net loss for the month was $8.00.
Cash and cash equivalents on Feb. 28 were $82,693.
AOL Latin America Management, LLC reported an operating loss of $772,000 on $25,000 of revenue. The net loss was the same. Cash on Feb. 28 was $7.57 million.
AOL Puerto Rico Management Services, Inc. reported an operating loss of $111,000 on $64,000 of revenue. The net loss was the same. Cash on Feb. 28 was $5,552.
America Online Caribbean Basin, Inc. reported operating income of $442,000 on $911,000 of revenue. The net loss was the same. There was no cash on Feb. 28.
AOL Latin America, a Fort Lauderdale, Fla., internet provider, filed for bankruptcy on June 24, 2005 with the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 05-11778.
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