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Tribune reports $10.33 million operating profit for April 27-May 24
By Caroline Salls
Pittsburgh, June 24 - Tribune Co. reported a $10.33 million operating profit for the period of April 27 to May 24 on $245.59 million in total revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
The figures showed improvement over the $1.82 million operating profit posted for the period of March 30 to April 26 on $235.31 million in total revenues.
The net income for the latest period was $18.17 million, up from an $8.05 million net loss for the previous period.
The company had $710.89 million in cash and cash equivalents at May 24, down from $717.03 million at April 26.
Tribune, a Chicago-based media company, filed for bankruptcy on Dec. 8. Its Chapter 11 case number is 08-13141.
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