Quigley posts $7.08 million 2008 operating loss

By Caroline Salls

Pittsburgh, Feb. 9 - Quigley Co., Inc. reported a $7.08 million operating loss for the year ended Dec. 31, according to an annual operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

In 2007, the company posted a $7.03 million operating loss.

Quigley's net loss for 2008 was $9.02 million, widening from a $7.19 million 2007 net loss.

The company had $12.3 million in cash and cash equivalents at Dec. 31, compared with $16.19 million at Dec. 31, 2007.

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