Uranium One improves net loss in third quarter

By The Associated Press

Friday, November 13, 2009

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VANCOUVER — Uranium One Inc. (TSX:UUU) reports net loss of US$11.9 million or three cents per share for the third quarter, improving from year-ago net loss of US$2 billion or $4.30 per share. Adjusted net loss for the quarter totals $7.8 million or two cents per share, compared to adjusted net earnings of $5.6 million or one cent per share a year ago. Revenue was US$21.3 million, down from US$56.7 million.

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