In what may be its final public disclosure before returning to private hands, EnergySolutions Inc. on Friday posted a first-quarter loss 12 times worse than the red ink it reported last year.
The Salt Lake City-based nuclear services provider lost $8.2 million, or 9 cents per diluted share, in the quarter ending March 31. A year earlier, its loss was $665,000, or 1 cent per share.
The bigger loss came on higher revenue from most of its operating groups. EnergySolutions pulled in $526.2 million in the first quarter, 7 percent more than $490.7 million in the same three months of 2012. Only its government group lost ground, although not very much. Revenue from the group dropped $100,000, in part because of automatic budget cuts.