Weinstein sees net loss narrow to $248,000 in April on zero revenue

By Caroline Salls

Pittsburgh, May 12 – Weinstein Co. LLC reported a $248,000 net loss for April on zero revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Weinstein posted a $311,000 net loss for March, also on zero revenue.

The company had $7.42 million in cash and cash equivalents as of April 30, down from $7.6 million at the end of March.

Weinstein is a New York-based entertainment company. The company filed bankruptcy on March 19, 2018 under Chapter 11 case number 18-10601.

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