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Quantum Foods records $55,299 net loss for Feb. 21 through March 20
By Caroline Salls
Pittsburgh, May 21 – Quantum Foods, LLC posted a net loss of $55,299 for the period of Feb. 21 through March 20 on zero net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Quantum reported a $468,743 net loss on zero net sales for the period of Jan. 24 through Feb. 20.
In addition, the company had negative $1,709 in EBITDA for the March period, narrowing from negative $3,042 for the February period.
The company also had $27,041 in cash as of March 20, up from $11,717 at Feb. 20.
Quantum Foods, a Bolingbrook, Ill.-based provider of cooked beef, poultry and pork for school, military and retail outlets, filed for bankruptcy on Feb. 18, 2014 under Chapter 11 case number 14-10318.
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