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Cameco: 4Q Earnings Snapshot

SASKATOON, Saskatchewan (AP) _ Cameco Corp. (CCJ) on Friday reported fourth-quarter net income of $121.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Saskatoon, Saskatchewan-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, were 39 cents per share.

The uranium producer posted revenue of $628.8 million in the period.

For the year, the company reported net income of $125.6 million, or 32 cents per share, swinging to a profit in the period. Revenue was reported as $1.58 billion.

Cameco shares have risen almost 9 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $12.33, an increase of 38 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCJ at https://www.zacks.com/ap/CCJ