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Published on 5/23/2006 in the Prospect News Distressed Debt Daily.

EaglePicher records $47,000 April operating income

By Caroline Salls

Pittsburgh, May 23 - EaglePicher Holdings, Inc. reported $47,000 of operating income for April on net sales of $8 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Ohio.

The operating income is a decline from a $148,000 March operating income on $8.56 million in net sales.

The net loss for April was $5.36 million, down slightly from a $5.46 million March net loss.

Cash on April 30 was $35.99 million, compared with $29.6 million at the end of March.

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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