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Tribune Co. posts $3.66 million in net income for July 30 to Aug. 26
By Jim Witters
Wilmington, Del., Sept. 26 - Tribune Co. posted net income of $3.66 million for the period from July 30 through Aug. 26 on total revenue of $217.5 million, according to the company's monthly operating report filed Sept. 26 with the U.S. Bankruptcy Court for the District of Delaware.
Those figures show improvement from a $97.53 million net loss for the period from June 25 through July 29 on total revenue of $256.63 million.
Tribune also reported an operating profit of $15.6 million for the most recent period, up from $12.61 million.
Cash and cash equivalents were $1,689,811,000 as of Aug. 26, up from $1,664,294,000 on July 29.
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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