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Uranium Energy UEC reported second-quarter fiscal 2025 adjusted loss per share of one cent, which missed the Zacks Consensus Estimate of a break-even earnings per share. UEC had reported earnings of one cent per share in the year-ago quarter.
Including one-time items, Uranium Energy reported a loss of two cents per share against earnings of one cent per share in the year-ago quarter.
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Uranium Energy Corp. Price, Consensus and EPS Surprise
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UEC’s Q2 Revenues Surge on Uranium Sales
Uranium Energy reported revenues of $49.8 million, which surpassed the Zacks Consensus Estimate of $41 million.
UEC sold 600,000 pounds of uranium at $82.92 per pound in the second quarter of 2025. Revenues from toll processing services were nil.
In the year-ago quarter, UEC had not sold any of its uranium inventory. The company had reported revenues of $0.12 million, which fully reflected revenues from toll processing services.
As of Jan. 31, 2025, UEC had 1,356,000 pounds of purchased uranium concentrate inventory. At current prices, the inventory is valued at $97.3 million.
To build on its physical uranium program, the company will purchase an additional 300,000 pounds of uranium at $37.05 per pound under existing contracts in December 2025. This will provide UEC with a low-cost stream of physical uranium at a time of heightened geopolitical uncertainty.
Higher Operating Expenses Hurt Uranium Energy’s Margins
The total cost of sales and services was $31.5 million in the fiscal second quarter, way higher than $0.097 million in the second quarter of fiscal 2024. Gross profit was $18.23 million compared with $0.02 million in the year-ago quarter.
Mineral property expenditures soared 113% to around $14.2 million from $6.7 million in the second quarter of fiscal 2024. General and administrative expenses were $6.6 million, up 34% year over year. Total operating expenses surged 80% year over year to $21.9 million.
Uranium Energy reported an operating loss of $3.63 million compared with an operating loss of $12.1 million in the year-ago quarter.
UEC’s Balance Sheet Updates at Q225 End
Uranium Energy used $20.3 million of cash in operating activities in the first half of fiscal 2025 against an outflow of $81.4 million in the year-ago comparable period.
The company had $61.5 million of cash and cash equivalents as of Jan. 31, compared with $87.5 million as of July 31, 2024. UEC had no debt on its balance sheet as of Jan. 31, 2025.