Cameco Corp. CCO-T reported net earnings of $199-million for the fourth quarter, up from $135-million for the same quarter a year earlier.
The company says the earnings attributable to equity holders worked out to 46 cents per common share for the quarter that ended Dec. 31, up from 31 cents per share in 2024.
Cameco chief executive Tim Gitzel says results were boosted by contributions from all segments of the business, including its uranium production, fuel services and Westinghouse investment.
The company says revenue totalled $1.20-billion, up from $1.18-billion in the same quarter last year.
Adjusted earnings worked out to 50 cents per common share in the fourth quarter, up from 36 cents per share last year.
Analysts had expected adjusted earnings of 45 cents per share, according to data compiled by LSEG Data & Analytics.