Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Westinghouse Electric Co., LLC > News item |
Westinghouse sees $5 million of income from operations in November
By Caroline Salls
Pittsburgh, Dec. 26 – Westinghouse Electric Co., LLC reported $5 million of income from operations for November on $186 million in net revenue, according to its monthly operating report filed Dec. 22 with the U.S. Bankruptcy Court for the Southern District of New York.
In comparison, Westinghouse posted $28 million of income from operations for October on $194 million in net revenue.
The net loss for November was $5 million, declining from $16 million of October net income.
The company had $1,083,000,000 in cash and cash equivalents as of Nov. 30, down from $1,084,000,000 at the end of October.
Westinghouse, a Cranberry Township, Pa.-based nuclear products and services company and a subsidiary of Toshiba, filed bankruptcy on March 29, 2017. The Chapter 11 case number is 17-10751.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.