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Entergy New Orleans posts $3.7 million operating income for May
By Jennifer Lanning Drey
Eugene, Ore., July 3 - Entergy New Orleans, Inc. reported a $3.70 million operating income for May on $43.86 million in revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Eastern District of Louisiana.
In April, the company posted a $1.30 million operating loss on revenues of $37.18 million.
The net income for May was $2.36 million, up from a $1.18 million April net loss.
Cash on May 31 was $33.77 million, compared with $26.60 million at the end of April.
Entergy New Orleans provides electric and natural gas service to customers in New Orleans and is the smallest of Entergy Corp.'s five utility companies. Entergy New Orleans filed for Chapter 11 on Sept. 23, 2005. Its case number is 05-17697.
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