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Quantum Foods records $259,831 net loss for March 21 through April 17
By Caroline Salls
Pittsburgh, June 23 – Quantum Foods, LLC posted a net loss of $259,831 for the period of March 21 through April 17 on zero net sales, according to its monthly operating report filed June 23 with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Quantum reported a $55,299 net loss for the period of Feb. 21 through March 20, also on zero net sales.
In addition, the company had negative $1,799 in EBITDA for the April period, widening from negative $1,709 for the March period.
The company also had $21,232 in cash as of April 17, down from $27,401 at March 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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