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Published on 2/2/2007 in the Prospect News Distressed Debt Daily.

Communications Corp. of America posts $1.15 million December income from operations

By Caroline Salls

Pittsburgh, Feb. 2 - Communications Corp. of America reported $1.15 million in December income from operations on revenues of $5.95 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Western District of Louisiana.

The figures show a slight decline from a $1.44 million November income from operations on $6.52 million in revenues.

The net loss for December was $3.87 million, slipping from a $3.19 million November net loss.

Cash on Dec. 31 was $4.09 million, compared with $4.58 million at the end of November.

Communications Corp. of America, a Lafayette, La., television station owner, filed for bankruptcy on June 7, 2006. Its Chapter 11 case number is 06-50410.


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