Tribune posts $39.7 million operating profit for Oct. 26 to Nov. 22

By Caroline Salls

Pittsburgh, Dec. 22 - Tribune Co. reported $39.7 million of operating profit for the period of Oct. 26 to Nov. 22 on $251.78 million in total revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The figures showed improvement over the $25.64 million of operating profit posted for the period of Sept. 28 to Oct. 25 on $233.23 million in total revenues.

Net income for the November period was $499.77 million, compared with $16.42 million of net income for the October period.

The company had $1.342 billion in cash and cash equivalents at Nov. 22, up from $794.83 million at Oct. 25.

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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