EnergySolutions Inc
BRIEF: For the three months ended 31 March 2013, EnergySolutions, Inc. revenues increased 7% to $526.2M. Net loss increased from $669K to $8.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Other income, net decrease of 88% to $2.1M (income), Interest expense increase of 5% to $18.6M (expense).
Common Stock $.01 Par, 04/11, 1B auth., 88,759,050 issd. Insiders own 4.31%. IPO11/15/07, 30M Shares @ $23per share by Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc.
EnergySolutions, Inc. provides specialized, technology-based nuclear services to government and commercial customers. The Company's range of nuclear services includes engineering, in-plant operations, outsourced specialty services, spent nuclear fuel management, logistics, transportation, processing and disposal. EnergySolutions also owns and operates strategic facilities that are position to provide a single-source solution to customers.
