Lightbridge Corp. (LTBR) Posts Earnings Results
Lightbridge Corp. (NASDAQ:LTBR) issued its quarterly earnings results on Thursday. The company reported ($0.44) earnings per share for the quarter. Lightbridge Corp. had a negative return on equity of 16,413.33% and a negative net margin of 649.68%. The firm had revenue of $83.22 million for the quarter, compared to the consensus estimate of $234.20 million.
Shares of Lightbridge Corp. (NASDAQ:LTBR) opened at 1.542 on Friday. Lightbridge Corp. has a one year low of $1.13 and a one year high of $5.75. The company’s market cap is $7.40 million. The stock’s 50 day moving average is $1.64 and its 200-day moving average is $2.28.
Lightbridge Corp. Company Profile
Lightbridge Corporation is a nuclear fuel technology company. The Company participates in the nuclear power industry in the United States and internationally. Its segments include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel.
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