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Published on 6/20/2006 in the Prospect News Distressed Debt Daily.

EaglePicher posts $25,000 May operating loss

By Caroline Salls

Pittsburgh, June 20 - EaglePicher Holdings, Inc. reported a $25,000 operating loss for May on net sales of $8.8 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Ohio.

The operating loss is a decline from the $47,000 in operating income reported for April on net sales of $8 million.

The net loss for May was $6.57 million, up from a $5.36 million April net loss.

Cash on May 31 was $50.09 million, compared with $35.99 million at the end of April.

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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