Paladin Energy Swings to Loss in Fiscal H1; Shares Fall Near Two-Year Low

MT Newswires Live
02-26

Paladin Energy (ASX:PDN) reported Wednesday that its loss per diluted share in the fiscal first half was $0.011, compared with earnings of $0.02 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of $0.009.

Revenue for the six months ended Dec. 31, 2024, was $77.3 million. The company did not report revenue in the year-earlier period. Analysts surveyed by Visible Alpha expected $82.5 million.

The board did not declare a dividend for the reported period.

Shares fell nearly 6% in afternoon trade Wednesday, earlier reaching their lowest since May 2023.

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