| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Q > Headlines for Quantum Foods, LLC > News item |
Quantum Foods posts $5.82 million net loss for April operating period
By Kali Hays
New York, June 9 – Quantum Foods, LLC reported a net loss of $5.82 million on net sales of $23.57 million for the period of March 22 to April 18, according to its monthly operating report filed June 9 with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a net loss of $2.91 million on net sales of $31.69 million for the period of Feb. 18 to March 21.
Quantum also posted negative EBITDA of $3.59 million, increasing from negative EBITDA of $2.1 million for its March period.
The company had $991,519 of available cash as of April 18, up from $567,763 as of March 21.
Quantum Foods, an Illinois-based provider of cooked beef, poultry and pork for school, military and retail outlets, filed for bankruptcy Feb. 18 in the U.S. Bankruptcy Court for the District of Delaware under Chapter 11 case number 14-10318.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.