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Journal Register reports $977,000 operating loss for Feb. 4 to March 3
By Caroline Salls
Pittsburgh, April 1 - Journal Register Co. posted a $977,000 operating loss for the period of Feb. 4 to March 3 on $19.93 million of total revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.
The figures compared to a $1.5 million operating loss reported for the period of Dec. 31 to Feb. 3 on $23.08 million of total revenues.
The net loss for the latest period was $2.15 million, narrowing from a $2.72 million net loss for the previous period.
The company had $3.39 million in cash and cash equivalents as of March 3, up from $3.28 million at Feb. 3.
Journal Register, a New York-based media company, filed for bankruptcy on Sept. 5, 2012. Its Chapter 11 case number is 12-13774.
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