earnings
confidence high
sentiment neutral
materiality 0.50
Lightbridge reports Q2 2022 net loss of $1.5M; cash $29.3M, no debt
LIGHTBRIDGE Corp
2022-Q2 EPS reported
-$0.34
- Net loss for Q2 2022 was $1.5M vs $1.6M in Q2 2021, a slight improvement.
- Cash and cash equivalents were $29.3M at June 30, 2022, up from $24.7M at Dec 31, 2021.
- Working capital increased to $29.2M; total liabilities only $0.5M with no debt.
- EU classified nuclear energy as 'green' in June, potentially benefiting industry investment.
- Annual meeting of stockholders set for Oct 27, 2022 virtually; record date Aug 29.