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Cal Dive reports $2.92 million net loss for March on zero net revenue
By Caroline Salls
Pittsburgh, April 28 – Cal Dive International, Inc. posted a net loss of $2,916,850 for March on zero net revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
For February, Cal Dive posted a $2.92 million net loss, also on zero net revenue.
The company also had $761,513 in cash and cash equivalents as of March 31, up from $578,618 at the end of February.
Cal Dive, a Houston-based marine contractor providing services to the offshore oil and natural gas industry, filed for bankruptcy on March 3, 2015. The Chapter 11 case number is 15-10458.
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