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Quantum Foods posts $2.91 million net loss for March operating period
By Kali Hays
New York, May 7 - Quantum Foods, LLC reported a net loss of $2.91 million for the period between Feb. 18 and March 21 on net sales of $31.69 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
Quantum also posted negative EBITDA of $1.92 million.
The company had $567,763 of available cash as of March 21.
Quantum Foods, an Illinois-based provider of cooked beef, poultry and pork for school, military and retail outlets, filed for bankruptcy Feb. 18 in the U.S. Bankruptcy Court for the District of Delaware under Chapter 11 case number 14-10318.
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