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Published on 7/30/2009 in the Prospect News Distressed Debt Daily.

Butler International posts $1.07 million operating loss for June

By Caroline Salls

Pittsburgh, July 30 - Butler International, Inc. reported a $1.07 million operating loss for June on $11.46 million in net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the month was $847,000.

Butler had $1.26 million in cash at June 28.

Butler International, a Fort Lauderdale, Fla.-based provider of outsourcing services, filed for bankruptcy on June 3. Its Chapter 11 case number is 09-11914.


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