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Published on 2/2/2017 in the Prospect News Distressed Debt Daily.

Violin Memory records $1.16 million operating loss for Dec. 14-Dec. 31

By Caroline Salls

Pittsburgh, Feb. 2 – Violin Memory, Inc. reported a $1.16 million loss from operations for the period of Dec. 14 through Dec. 31 on $968,953 in total revenue, according to its monthly operating report filed Feb. 2 with the Securities and Exchange Commission.

The net loss for the period was $1.97 million.

In addition, Violin Memory had $3.99 million in cash as of Dec. 31.

Santa Clara, Calif.-based Violin Memory develops and supplies computer data storage products. The company filed bankruptcy on Dec. 14 under Chapter 11 case number 16-12782.


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