February 10, 2012 / 3:22 AM / 6 years ago

UPDATE 1-Cameco Q4 profit rises

(Adds details)

Feb 9 (Reuters) - Uranium producer Cameco Corp reported higher quarterly earnings on Thursday helped by higher profits from its nuclear business.

In the quarter ended Dec. 31, earnings rose to C$265 million ($266.63 million), or 67 Canadian cents a share. That compared to C$206 million, or 52 Canadian cents in the year-ago quarter.

The company posted adjusted net earnings of 63 Canadian cents per share. Revenue rose 45 percent to C$977 million.

Analysts, on average, had expected earnings of 46 Canadian cents a share on revenue of C$787.5 million.

($1 = 0.9939 Canadian dollars)

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Matt Driskill)

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