TWTR reports $15,816 August net loss

By Caroline Salls

Pittsburgh, Oct. 21 - TWTR, Inc. reported a $15,816 net loss for August on zero revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In July, the company posted a $117,499 net income, also on zero revenues.

TWTR had $3.75 million in cash and cash equivalents at Aug. 31, compared with $3.77 million at the end of July.

TWTR, formerly Tweeter Home Entertainment Group, a Canton, Mass., consumer electronics retailer, filed for bankruptcy on June 11, 2007. Its Chapter 11 case number is 07-10787.

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