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Paladin Energy Swings to Fiscal Q3 Profit, Posts Higher Revenue; Raises Fiscal 2026 Langer Heinrich Mine Production Outlook

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Paladin Energy (ASX:PDN) reported Wednesday that it swung to a profit of $0.002 per share in the fiscal third quarter from a loss of $0.064 a year earlier.

Revenue for the three months ended March 31 was $70.7 million, compared with $61 million a year earlier. Analysts surveyed by FactSet expected $70.3 million.

The company raised its fiscal 2026 production guidance for the Langer Heinrich Mine to 4.5 million to 4.8 million pounds of triuranium octoxide, up from 4 million to 4.4 million pounds, due to strong year-to-date performance. Capital and exploration expenditure is now expected to range from $15 million to $17 million, compared with $26 million to $32 million previously.

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