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BearingPoint reports $2.32 million operating loss for September
By Caroline Salls
Pittsburgh, Oct. 30 - BearingPoint, Inc. posted a $2.32 million operating loss for September on $1.21 million in revenues, according to its monthly operating report filed Friday with the Securities and Exchange Commission.
The figures showed a decline from the $1.77 million operating income reported for August.
The net loss for September was $570,000, narrowing from a $4.69 million August net loss.
BearingPoint had $44.78 million in cash and cash equivalents at Sept. 30, down from $60.23 million at the end of August.
BearingPoint, a McLean, Va.-based provider of management and technology consulting services, filed for bankruptcy on Feb. 18, 2009 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 09-10691.
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