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Published on 11/14/2007 in the Prospect News Distressed Debt Daily.

Tweeter posts $661,215 operating loss for June 11 to June 30

By Caroline Salls

Pittsburgh, Nov. 14 - Tweeter Home Entertainment Group, Inc. reported a $661,215 operating loss for the period of June 11 to June 30 on $19.36 million in revenues, according to its operating report filed Wednesday with the Securities and Exchange Commission.

The net loss for the period was $1.06 million.

At June 30, Tweeter had $4.2 million in cash and cash equivalents.

Tweeter, a Canton, Mass., consumer electronics retailer, filed for bankruptcy on June 11 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 07-10787.


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