Lightbridge Corporation (NASDAQ:LTBR) last issued its quarterly earnings results on Tuesday, August 8th. The energy company reported ($0.17) earnings per share for the quarter. The business had revenue of $0.01 million for the quarter. Lightbridge Corporation had a negative return on equity of 138.73% and a negative net margin of 1,303.86%. On average, analysts expect Lightbridge Corporation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
A hedge fund recently raised its stake in Lightbridge Corporation stock. Vanguard Group Inc. increased its stake in Lightbridge Corporation (NASDAQ:LTBR) by 5.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 83,505 shares of the energy company’s stock after purchasing an additional 3,963 shares during the quarter. Vanguard Group Inc. owned approximately 0.84% of Lightbridge Corporation worth $144,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 2.08% of the company’s stock.
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About Lightbridge Corporation
Lightbridge Corporation is a nuclear fuel technology company. The Company participates in the nuclear power industry in the United States and internationally. Its segments include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel.
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