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Published on 10/27/2009 in the Prospect News Distressed Debt Daily.

Tribune posts $40.67 million operating profit for Aug. 31 to Sept. 27

New York, Oct. 27 - Tribune Co. reported a $40.67 million of operating profit for the period Aug. 31 through Sept. 27, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

Total revenues for the period were $249.21 million.

The figures were improved from the $24.59 million operating profit for the period of Aug. 3 to Aug. 30 on $227.21 million in total revenues.

Net income for Aug. 31 to Sept. 27 was $26.40 million, up from $13.87 for Aug. 3 to Aug. 30.

The company had $758.39 million of cash and equivalents at Sept. 27, up slightly from $753.72 million at Aug. 30.

Tribune, a Chicago-based media company, filed for bankruptcy on Dec. 8, 2008. Its Chapter 11 case number is 08-13141.


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