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Published on 4/20/2010 in the Prospect News Distressed Debt Daily.

Uno Restaurant reports $1.14 million net loss for March 1 to March 28

By Caroline Salls

Pittsburgh, April 20 - Uno Restaurant Holdings Corp. reported a net loss of $1.14 million for the period of March 1 to March 28 on revenues of $20.41 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, the company posted a $2,652 net loss for the period of Feb. 1 to Feb. 28 on net revenue of $20,357.

The company had $378,004 in cash and cash equivalents at March 28, up from $186,209 at the end of February.

Uno, a Boston-based owner, operator and franchiser of Uno Chicago Grill, filed for bankruptcy on Jan. 20. The Chapter 11 case number is 10-10209.


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