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Telogy reports $1.07 million in EBITDA for March
By Caroline Salls
Pittsburgh, April 25 - Telogy Inc. recorded $1.07 million in EBITDA for March on revenue of $4.51 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Northern District of California.
The figures compare with $90,807 in EBITDA for February on revenue of $3.91 million.
The net loss for March was $4.41 million, up slightly from a $4.25 million February net loss.
Cash and cash equivalents at March 31 were $3.99 million, compared with $4.54 million at the end of February.
Telogy, a Union City, Calif.-based electronics testing company, filed for bankruptcy on Nov. 29. Its Chapter 11 case number is 05-49371.
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