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Tribune operating profit increases to $26 million for Aug. 2-Aug. 29
By Lisa Kerner
Charlotte, N.C., Sept. 29 - Tribune Co. reported a $26 million operating profit for the period of Aug. 2 to Aug. 29 on $230.18 million in total revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The company posted a $22.97 million operating profit for the period of June 28 to Aug. 1 on $272.79 million in total revenues.
Net income for the August period was $14.85 million, up from $6.37 million of net income for the July period.
The company had $929.14 million in cash and cash equivalents at Aug. 30, up from $907.62 million at Aug. 1.
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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