Last $5.49 USD
Change Today +0.06 / 1.10%
Volume 1.2M
USU On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

usec inc (USU) Snapshot

Open
$5.48
Previous Close
$5.43
Day High
$5.89
Day Low
$5.07
52 Week High
07/29/13 - $29.12
52 Week Low
06/25/14 - $2.63
Market Cap
27.2M
Average Volume 10 Days
6.3M
EPS TTM
$-26.39
Shares Outstanding
4.9M
EX-Date
02/8/06
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for USEC INC (USU)

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usec inc (USU) Details

USEC Inc. supplies low enriched uranium (LEU) for commercial nuclear power plants in the United States, Japan, and internationally. The company operates in two segments, LEU and Contract Services. Its LEU is a component in the production of nuclear fuel for reactors to produce electricity. The company sells separative work units (SWU) component of LEU; SWU and uranium components of LEU; and uranium for utilities that operate nuclear power plants. It also provides contract work services for the U.S. Department of Energy and its contractors. The company was founded in 1993 and is headquartered in Bethesda, Maryland. On March 5, 2014, USEC Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.

1,260 Employees
Last Reported Date: 05/15/14
Founded in 1993

usec inc (USU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $927.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $449.9K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $484.0K
Chief Development Officer and Senior Vice Pre...
Total Annual Compensation: $484.1K
Chief Compliance Officer, Senior Vice Preside...
Total Annual Compensation: $454.7K
Compensation as of Fiscal Year 2013.

usec inc (USU) Key Developments

USEC Inc. Reports Earnings Results for the First Quarter Ended March 31, 2014

USEC Inc. reported earnings results for the first quarter ended March 31, 2014. Net loss for the first quarter ended March 31, 2014 was $50.8 million, or $10.37 loss per share, compared to a net loss of $2.0 million, or $0.41 loss per share, for the same quarter ended March 31, 2013. Total revenue for the first quarter ended March 31, 2014 was $148.6 million, compared to $320.4 million for the same quarter ended March 31, 2013. Gross loss for the first quarter ended March 31, 2014 was $20.9 million, compared to a gross profit of $13.3 million for the same quarter ended March 31, 2013.

USEC Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

USEC Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced total revenue of $148.6 million compared to $320.4 million for the same period a year ago. Operating loss was $39.2 million compared to $13.7 million for the same period a year ago. Loss from continuing operations before income taxes was $51.8 million compared to $26.7 million for the same period a year ago. Net loss was $50.8 million compared to $2.0 million for the same period a year ago. Net loss per share, basic and diluted was $10.37 compared to $0.41 for the same period a year ago. Net cash used in operating activities was $229.7 million compared to $175.3 million for the same period a year ago. The net loss was primarily driven by non-production expenses of $34.9 million related to transition activities at the Paducah GDP as USEC prepares the facility for return to the Department of Energy (DOE) later this year.

USEC Inc. Auditor Raises 'Going Concern' Doubt

USEC Inc. filed its 10-K on Mar 31, 2014 for the period ending Dec 31, 2013. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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