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ATX Communications' November loss widens to $1.61 million
By Jeff Pines
Washington, Jan. 11 - ATX Communications Inc.'s loss for November widened to $1.61 million from a $998,000 loss in October. The company filed its November report with the U.S. Bankruptcy Court for the Southern District of New York on Tuesday.
Revenues remained essentially flat at $20.3 million compared with $20.4 million for October.
The operating loss was $859,000 compared with an operating profit of $10,000 in October.
Cash and cash equivalents on Nov. 30 were $10.9 million compared with $10.5 million on Oct. 31.
ATX, a Bala Cynwyd, Pa.-based telecommunications provider, filed for bankruptcy on Jan. 15, 2004. Its Chapter 11 case number is 04-10214.
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