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Communications Corp. of America reports $1.5 million March income from operations
By Caroline Salls
Pittsburgh, May 1 - Communications Corp. of America, Inc. reported a $1.5 million income from operations for March on $6.51 million in revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Western District of Louisiana.
The figures show improvement over a $660,677 February income from operations on $5.74 million in revenues.
The net loss for March was $3.04 million, down from a $3.67 million February net loss.
Cash on March 31 was $5.95 million, compared with $5.19 million at the end of February.
Communications Corp. of America, a Lafayette, La., television station owner, filed for bankruptcy on June 7, 2006. Its Chapter 11 case number is 06-50410.
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