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LG. Philips Displays USA posts $4.27 million April net loss before reorganization items
By Caroline Salls
Pittsburgh, May 23 - LG. Philips Displays USA, Inc. reported a $4.27 million net loss before reorganization items for April on revenues of $16.18 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the month was $4.85 million.
Cash on April 30 was $1.63 million.
LG. Philips Displays USA, a San Diego-based producer of TV and computer monitor tubes, filed for bankruptcy on March 15. Its Chapter 11 case number is 06-10245.
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