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Published on 7/20/2006 in the Prospect News Distressed Debt Daily.

EaglePicher posts $442,000 June operating income

By Caroline Salls

Pittsburgh, July 20 - EaglePicher Holdings, Inc. reported $442,000 in operating income for June on net sales of $8.41 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of Ohio.

The operating income is an improvement over a $25,000 May operating loss. The net sales for May were $8.8 million.

The net loss for June was $3.75 million, down from a $6.57 million May net loss.

Cash on June 30 was $46.33 million, compared with $50.09 million at the end of May.

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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