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Published on 3/30/2015 in the Prospect News Distressed Debt Daily.

RadioShack posts operating loss of $32.3 million during February period

By Kali Hays

New York, March 30 – RadioShack Corp. reported an operating loss of $32.3 million for the period of Feb. 6 through Feb. 28 on net sales of $134.2 million, according to its monthly operating report filed March 30 with the U.S. Bankruptcy Court for the District of Delaware.

The company also reported a net loss of $42.8 million and cash and cash equivalents of $94.7 million as of Feb. 28

RadioShack is a Fort Worth, Texas-based technology retailer that filed for bankruptcy on Feb. 5. Its Chapter 11 case number is 15-10197.


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