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Published on 1/23/2006 in the Prospect News Distressed Debt Daily.

EaglePicher shows $401,000 December operating loss

By Caroline Salls

Pittsburgh, Jan. 23 - EaglePicher Holdings, Inc. reported a $401,000 operating loss for December on net sales of $5.81 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Ohio.

The figures compare with $1.18 million in operating income for November on net sales of $7.14 million.

The net loss for December was $8.16 million, up from a $2.90 million November net loss.

Cash on Dec. 31 was $40.03 million, compared with $20.34 million at the end of November.

EaglePicher, a Phoenix-based diversified manufacturer, filed for bankruptcy on April 11, 2005. Its Chapter 11 case number is 05-12601.


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