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ATX's loss widens to $1.79 million in December
New York, Feb. 7 - ATX Communications, Inc. reported a bigger operating loss of $1.79 million for December, according to a report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.
The month's net loss was $1.79 million while revenues were $19.76 million.
For November, the operating loss was $859,000, the net loss $1.61 million and revenues $20.3 million.
The company had cash and equivalents of $11.30 million as of Dec. 31, up from $11.90 million as of Nov. 30.
ATX, a Bala Cynwyd, Pa.-based telecommunications provider, filed for bankruptcy on Jan. 15, 2004. Its Chapter 11 case number is 04-10214.
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