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Cameco (CCJ) Q2 2024 earnings results (second quarter 2024)

6-K filed Jul 31, 2024

Cameco (CCJ) reported revenue of $369M for the second quarter 2024 (Q2 2024). Operating margin was 10.1%, net earnings $13.7M (3.7% of revenue).

Revenue$369M
Year over year—
Quarter over quarter—
Operating margin10.1%
Net earnings$13.7M

Cameco, Q2 2024: revenue $369M, operating margin 10.1%, net earnings $13.7M. The chart follows the revenue to costs, profit and cash.

Q2 2024AmountQ/QY/Y
Revenue$369M——
Operating profit$37.1M——
Net earnings$13.7M——

What changed

Revenue was C$368.5M in Q2 2024. Americas was the largest line at 54% of revenue.

Operating profit was C$37.1M, a 10.1% margin. Net earnings were C$13.7M. The effective tax rate was 63.0%.

Questions

What was Cameco's revenue in the second quarter 2024?

Cameco (CCJ) reported revenue of $369M for the second quarter 2024 (Q2 2024).

Was Cameco profitable in the second quarter 2024?

Operating profit was $37.1M (10.1% of revenue) and net earnings $13.7M.

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Source: Cameco 6-K on SEC EDGAR.