May 10, 2010 (Baystreet.ca) --
reported first-quarter net loss of $21.5 million U.S. or $0.04 U.S. per share, compared to net income of $61.1 million U.S. or $0.13 U.S. per share last year. Adjusted net loss was $19.2 million U.S. or $0.03 U.S. per share, wider than $5.5 million U.S. or $0.01 U.S. per share in the same quarter a year earlier. Revenue was $35.5 million U.S., 17% lower than $43.0 million U.S. in the prior-year due to a decrease in both volumes sold and the average realized uranium price. Uranium One Inc.