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Published on 1/25/2019 in the Prospect News Distressed Debt Daily.

Suniva sees net loss narrow to $528,124 in November on zero revenue

By Caroline Salls

Pittsburgh, Jan. 25 – Suniva, Inc. posted a $528,124 net loss for November on zero revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Suniva reported a $671,479 net loss for October, also on zero revenue.

The company had $10,684 in unrestricted cash and equivalents as of Nov. 30, the same as at the end of October.

Suniva, a Norcross, Ga.-based manufacturer of high-efficiency crystalline silicon photovoltaic solar cells and high-power solar modules filed bankruptcy on April 17, 2017. The Chapter 11 case number is 17-10837.


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