USEC posts net loss of $19.69 million for June, $7 million in revenue

By Kali Hays

New York, July 31 – USEC Inc. reported a $19.69 million net loss for June on $7.13 million in revenue, according to its monthly operating report filed July 31 with the U.S. Bankruptcy Court for the District of Delaware.

Those numbers compare to an $11.61 million net loss for May on $6.74 million in revenue.

The company also reported cash and cash equivalents of $7.37 million as of June 30, an increase from $4.3 million at the end of May.

USEC, a Bethesda, Md.-based supplier of nuclear fuel and advanced technology services, filed for bankruptcy on March 5 in the U.S. Bankruptcy Court for the District of Delaware. The Chapter 11 case number is 14-10475.

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