GSE Environmental posts operating loss of $812,216 for June period

By Kali Hays

New York, July 31 – GSE Environmental, Inc. reported an operating loss of $812,216 for June on total revenue of $13.33 million, according to its monthly operating report filed July 30 with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for June was $3.46 million with an adjusted EBITDA of $1.11 million.

GSE also reported cash and temporary investments of $10.55 million as of June 30.

GSE, a Houston-based plastics company, filed for bankruptcy on May 4. The Chapter 11 case number is 14-11126.

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