Epic net loss widens to $3.12 million in December; revenue declines

By Caroline Salls

Pittsburgh, Jan. 21 – Epic Cos., LLC reported a $3.12 million net loss for December on $54,810 in revenue, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Southern District of Texas.

Those figures showed a decline from the $3.07 million net loss posted for November on $75,510 in revenue.

In addition, the company listed $3.44 million in cash as of Dec. 31, down from $3.97 million at the end of November.

Epic is a Houston-based full-service provider to the global decommissioning, installation and maintenance markets. The company filed bankruptcy on Aug. 26 under Chapter 11 case number 19-34752.

© 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.