enCore Energy Corp. 1Q 2026: Revenue $18.3M, Net income $5.4M, EPS $0.03— 10-Q Summary

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2026.05.14 19:21
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enCore Energy Corp. reported its first-quarter 2026 results, showing revenue of $18.3M and net income of $5.4M, a significant improvement from a net loss of $24.24M in the prior year. The increase in revenue was attributed to steady uranium sales and higher realized prices. Sales volumes decreased by 7% to approximately 270k lbs, while the realized price rose by 8% to $67.78 per lb. The company continues to progress with regulatory permits and operational activities at its facilities.