S&P Affirms 'CCC' Rating on USEC (USU); Withdraws Per Company Request
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USEC, Inc. (USU) Posts Q3 Loss of $9.04/Share
November 4, 2013 4:45 PM ESTUSEC, Inc. (NYSE: USU) reported Q3 EPS of ($9.04), $9.96 worse than the analyst estimate of $0.92. Revenue for the quarter came in at $303.8 million versus the consensus estimate of $563 million.
American Centrifuge Update
We continue to make progress in demonstrating the American Centrifuge technology in 2013. We completed construction of our American Centrifuge commercial demonstration cascade in Piketon, Ohio, during the spring, then shifted construction activities to preparing the facility for machine installation and installing new infrastructure systems. In the subsequent months we completed formal integrated systems testing of plant infrastructure and control systems.... More
