Orleans Homebuilders net loss grows to $8,790 in September on no sales

By Caroline Salls

Pittsburgh, Nov. 3 - Orleans Homebuilders, Inc. reported an $8,790 net loss for September on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company posted a $4,000 net loss for August, also on zero revenues.

Cash was $3,225 at Sept. 30, the same as at the end of August.

Orleans Homebuilders, a Bensalem, Pa.-based developer, builder and marketer of single-family homes, townhouses and condominiums, filed for bankruptcy on March 1, 2010. The Chapter 11 case number is 10-10684.

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