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Cameco (CCJ) Q3 2024 earnings results (third quarter 2024)

6-K filed Nov 7, 2024

Cameco (CCJ) reported revenue of $600M for the third quarter 2024 (Q3 2024). Operating margin was 7.6%, net earnings $7.4M (1.2% of revenue).

Revenue$600M
Year over year—
Quarter over quarter—
Operating margin7.6%
Net earnings$7.4M

Cameco, Q3 2024: revenue $600M, operating margin 7.6%, net earnings $7.4M. The chart follows the revenue to costs, profit and cash.

Q3 2024AmountQ/QY/Y
Revenue$600M——
Operating profit$45.5M——
Net earnings$7.4M——

What changed

Revenue was C$600.1M in Q3 2024. Americas was the largest line at 45% of revenue.

Operating profit was C$45.5M, a 7.6% margin. Net earnings were C$7.4M. The effective tax rate was 83.7%.

Questions

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

Cameco (CCJ) reported revenue of $600M for the third quarter 2024 (Q3 2024).

Was Cameco profitable in the third quarter 2024?

Operating profit was $45.5M (7.6% of revenue) and net earnings $7.4M.

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Source: Cameco 6-K on SEC EDGAR.