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Tribune posts $52.44 million operating profit for Oct. 24 to Nov. 20
By Caroline Salls
Pittsburgh, Dec. 21 - Tribune Co. reported operating profits of $52.44 million for the period of Oct. 24 to Nov. 20 on $256.11 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 $38.52 million of operating profits posted for the period of Sept. 26 to Oct. 23 on $236.99 million of total revenues.
Net income for the November period was $41.09 million, up from $30.14 million of net income for the October period.
The company reported cash and cash equivalents of $1.308 billion as of Nov. 20, up from $1.266 billion at Oct. 23.
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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