MCLEAN, Va., July 22, 2010 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq:LTBR), a leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for civil nuclear energy programs, today announced earnings results for the second quarter ended June 30, 2010. Revenue for the three months ended June 30, 2010 was $2.0 million, compared to $3.4 million in the comparable period a year ago. Operating loss for the quarter was approximately $2.0 compared to an operating loss of $1.3 million in the second quarter of 2009. Excluding the impact of non-cash items, adjusted net loss for the three months ended June 30, 2010 would have been $1.3 million compared to adjusted net loss of $0.1 million for the same period a year ago (see "About Non-GAAP Financial Measures" near the end of this release).
Lightbridge Corporation Reports 2010 Second Quarter Financial Results
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