Edition:
United Kingdom

Cameco Corp Reports Qtrly Loss Per Share Of $0.16


Friday, 9 Feb 2018 

Feb 9 (Reuters) - Cameco Corp ::CAMECO REPORTS FOURTH QUARTER AND 2017 FINANCIAL RESULTS.QTRLY REVENUE OF $ 809 MILLION VERSUS $887 MILLION REPORTED LAST YEAR.QTRLY ADJUSTED EARNINGS PER SHARE $0.46.QTRLY LOSS PER SHARE $0.16.Q4 EARNINGS PER SHARE VIEW C$0.35, REVENUE VIEW C$780.9 MILLION -- THOMSON REUTERS I/B/E/S.LOWER URANIUM PRICES CONTRIBUTED TO RECOGNITION OF IMPAIRMENT CHARGES OF $358 MILLION IN 2017.PRODUCTION IN MCARTHUR RIVER AND KEY LAKE OPERATIONS FOR 2018 IS EXPECTED TO BE NEGLIGIBLE.EXPECT ARBITRATION FOR TEPCO DISPUTE TO BEGIN IN Q1 OF 2019.