Lightbridge Corporation ($LTBR) 2Q20 Earnings Sneak Peek

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Lightbridge Corporation (NASDAQ:LTBR) is reporting second quarter earnings results on Monday 10th August 2020, after market close.

Previous Quarter Performance

Lightbridge Corporation came out with loss for the first quarter of $ 0.74 per share, from the revenue of . The quarterly revenues compared with the same quarter last year. According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.02 or , at the same time, top line results analysts by $ 7.09 million or .

Stock Performance

According to the previous trading day, closing price of LTBR was $ 6.84, representing a 300.00 % increase from the 52 week low of $ 1.71 and a 28.75 % decrease over the 52 week high of $ 9.60.

The company has a market capital of $ 26.70 million and is part of the Industrials sector and Business Services industry.

Lightbridge Corporation operates as a nuclear fuel technology company worldwide. It operates through two segments, Technology and Consulting. It offers all-metal fuel for operating and new build reactors; all-uranium seed and blanket fuel for existing plants and new build reactors; and thorium-based seed and blanket fuel for existing and new build reactors.