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Cameco Q1 Profit Rises - Quick Facts

Cameco Corp. (CCJ,CCO.TO) reported that its first-quarter net earnings were C$142 million or C$0.36 per share, up from C$82 million or C$0.22 per share in the first quarter of 2009.

Adjusted net earnings for the first quarter of 2010 were C$111 million or C$0.28 per share, up from C$103 million or C$0.27 per share in the year ago quarter.

Revenue declined to C$485 million, from C$493 million in the year ago quarter.

The company stated that its board of directors approved a quarterly dividend of C$0.07 per share on the outstanding common shares of the corporation that is payable on July 15, 2010, to shareholders of record at the close of business on June 30, 2010.

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