Hawaiian Telcom cut its losses by more than $1 million in February, making it the second month in a row that the local phone company reported lower losses.

In filings with the U.S. Bankruptcy Court, the company said it lost about $8.3 million during February, which was down from about $9.5 million in January.

The results came on revenues of $34.9 million, which was virtually flat from January.

Hawaiian Telcom, which filed for Chapter 11 reorganization on Dec. 1, is required to file detailed monthly financial statements with the Bankruptcy Court.

The monthly financials do not include debt payments that Hawaiian Telcom had been paying to its bondholders.

Those payments, which averaged about $4.2 million a month, were suspended after Hawaiian Telcom filed for bankruptcy protection.

Founded in 1883, Hawaiian Telcom is the state's largest phone company, with 1,400 employees and annual revenues of more than $400 million.

Since filing for bankruptcy, Hawaiian Telcom said it has lost more than $41 million, including $27 million during January, its first month under Chapter 11 bankruptcy protection.

The January figures included $16.2 million in one-time, noncash writedowns that Hawaiian Telcom took in December.