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Tribune posts $22.22 million operating profit for Jan. 31 to Feb. 27
By Caroline Salls
Pittsburgh, March 30 - Tribune Co. reported a $22.22 million operating profit for the period of Jan. 31 to Feb. 27 on $227.46 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, the company posted a $9.28 million operating profit for the period of Dec. 27 to Jan. 30 on $259.33 million of total revenues.
The net income for the February period was $5.46 million, improving from an $8.92 million net loss for the January period.
The company had $1.063 billion in cash and cash equivalents at Feb. 27, down from $1.092 billion at Jan. 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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