Alpha Media Tells Bankruptcy Court Its Revenue Grew 2.4 ... | 合法醫療器材資訊網

2021年6月2日—AlphaMediarevenueincreased2.4%duringAprilaccordingtothelatest...tovariouslawfirms,financialadvisors,andaclaimsagent.

Alpha Media revenue increased 2.4% during April according to the latest filing with a federal bankruptcy court in Richmond, VA. Because of its chapter 11 reorganization process, the privately held company has been filing monthly revenue updates with the court for the past several months. The 207-station group has shown month-to-month gains each month so far. The latest court filing shows Alpha Media revenue totaled $13.5 million during April compared to $13.2 million in March and $11.3 million February. May’s tally will not be available until the end of the month.

Alpha Media filed its bankruptcy reorganization in January, and it says it had a net operating loss of $891,000 in April. But it would have been in the black if it were not for more than $1.2 million in restructuring expenses charged during the month. The company says so far it has spent more roughly $5.6 million on professional fees associ...