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Tribune operating profit up to $38.52 million for Sept. 26 to Oct. 23
By Caroline Salls
Pittsburgh, Nov. 22 - Tribune Co. reported operating profits of $38.52 million for the period of Sept. 26 to Oct. 23 on $236.99 million of total revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Tribune posted a $26.84 million operating profit for the period of Aug. 29 to Sept. 25 on $240.11 million of total revenues.
Net income for the October period was $30.14 million, down from $33.44 million for the September period.
The company reported cash and cash equivalents of $1.266 billion at Oct. 23, up from $1.252 billion at Sept. 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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