| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Revel AC Inc. > News item |
Revel AC shows negative EBITDA of $1.39 million during December period
By Kali Hays
New York, Feb. 19 – Revel AC, Inc. posted negative $1.39 million of EBITDA during December on $26,084 in revenue, according to its monthly operating report filed Feb. 19 with the U.S. Bankruptcy Court for the District of New Jersey.
In November, the company reported negative $8.11 million of EBITDA on revenue of $71,553.
Revel’s net loss for December was $404.52 million, growing from $14.88 million in November.
The company also had zero cash on hand as of Dec. 31, remaining unchanged from the end of November.
Revel, an Atlantic City, N.J.-based gaming and entertainment company, filed for bankruptcy on June 19, 2014. The Chapter 11 case number is 14-22654.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.