Centrus Energy

Centrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. It operates through the following segments: Low-enriched Uranium (LEU) and Technical Solutions. The LEU segment includes various components of nuclear fuel to utilities from its global network of suppliers. The Technical Solutions segment offers advanced engineering, design, and manufacturing services to government and private sector customers, and is deploying advanced nuclear fuel production capabilities to power existing, and next-generation reactors around the world. The company was founded in October 1992 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

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Centrus Energy reports robust earnings, wins key contracts, eyes growth

Centrus Energy's Q4 2022 earnings call showcased strong financial performance, strategic contract wins, and a focus on restoring America's uranium enrichment capability. The company emphasized the importance of public-private partnerships, bipartisan support, and readiness to contribute to national security. Challenges include cost share accounting, historical context, and navigating government involvement in enrichment.

Centrus Energy excels in Q1, poised to lead US nuclear energy growth

Centrus Energy's Q1 2023 earnings call showcased strong financial performance, progress in HALEU production, and strategic positioning in the nuclear energy market. While facing challenges in securing federal investment and competing in a market dominated by Russia, the company is poised to benefit from opportunities in expanding production and market demand.

Centrus Energy excels in Q2, poised for HALEU market growth

Centrus Energy had a strong Q2 performance, focusing on HALEU production to meet industry and government needs. With a solid balance sheet and bipartisan support, they are well-positioned to capitalize on the growing demand for nuclear fuel supply chain investments.

Centrus Energy excels in Q3, poised for growth in nuclear sector

Centrus Energy's Q3 performance reflects operational excellence, strategic partnerships, and a positive industry outlook. The company's focus on addressing the demand for secure domestic nuclear fuel sources and expanding enrichment capacity positions it for future growth. While challenges like the lack of forward guidance exist, Centrus has significant opportunities to capitalize on the growing nuclear energy market.

Centrus Energy reports robust earnings, faces HALEU production challenges

Centrus Energy's Q4 2023 earnings call highlighted strong financial performance, successful completion of HALEU contract milestones, and strategic balance sheet de-risking efforts. Despite challenges in HALEU production, the company remains well-positioned to capitalize on opportunities in the nuclear energy sector.

Centrus Energy reports Q1 revenue growth and strategic market positioning

Centrus Energy's Q1 2024 performance reflects a mix of revenue growth, production milestones, and strategic positioning in the nuclear fuel market. Despite challenges in the supply chain, the company remains optimistic about its future prospects and the opportunities presented by government investments and market demand.

Centrus Energy secures major contracts, eyes growth amid industry momentum

Centrus Energy's Q3 performance reflects strong revenue and significant contract wins, despite a net loss.
The company's cash position remains robust, and it is strategically positioned in the industry with a substantial backlog.
While facing challenges in profitability and cost management, Centrus has opportunities for growth through federal investments and market demand.

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Centrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical Solutions segments. The LEU segment includes various components of nuclear fuel to utilities from its global network of suppliers. The Technical Solutions segment offers advanced engineering, design, and manufacturing services to government and private sector customers, and is deploying advanced nuclear fuel production capabilities to power existing, and next-generation reactors around the world. The company was founded in October 1992 and is headquartered in Bethesda, MD.

Net income of $7.2 million on $66.9 million in revenue, compared to net loss of $0.4 million on $35.3 million in revenue in Q1 2022 Gross profit of $23.0 million, compared to $6.3 million in Q1 2022 Consolidated cash balance of $188.8 million as of March 31, 2023 Completed construction and initial testing of centrifuge cascade under contract with the U.S. Department of Energy (DOE) to demonstrate production of High-Assay, Low-Enriched Uranium (HALEU) BETHESDA, Md. , May 8, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported first quarter 2023 results.

Centrus Reports First Quarter 2023 Results

BETHESDA, Md. , May 3, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B.

Centrus to Participate in B. Riley Securities' 23rd Annual Institutional Investor Conference

BETHESDA, Md. , April 26, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, May 9, 2023, at 8:30 a.m.

Centrus to Webcast Conference Call on May 9 at 8:30 a.m. ET

BETHESDA, Md. , March 22, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B.

Centrus to Participate in Second Annual Guggenheim Securities Investing in Advanced Nuclear Energy: Meeting Clean Energy Needs Across the Economy Conference

The first domestic enriching capacity contract was granted to Centrus Energy Corp. since U.S. capacity fell to 0 in 2013. There is significant money in next-generation nuclear technology utilizing HALEU fuels. Centrus Energy Corp. has first-mover advantage, being granted $150 million from the DoE for commercialization.

Centrus Energy Growth Enriched By Domestic HALEU Deal

BETHESDA, Md. , Feb. 27, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Philip Strawbridge, Chief Financial Officer, is scheduled to participate in Roth Capital Partners' 35th Annual Conference on March 12 th through 14th in Dana Point, California.

Centrus to Participate in 35th Annual Roth Capital Partners Conference March 12-14

Centrus Energy Corp. (NYSE:LEU ) Q4 2022 Earnings Conference Call February 22, 2023 8:30 AM ET Company Participants Dan Leistikow - Vice President Corporate Communications Dan Poneman - President and Chief Executive Officer Philip Strawbridge - Chief Financial Officer Conference Call Participants Rob Brown - Lake Street Capital Joseph Reagor - ROTH Capital Partners Operator Greetings. Welcome to the Centrus Energy Fourth Quarter Year-End 2022 Earnings Call.

Centrus Energy Corp. (LEU) Q4 2022 Earnings Call Transcript

Centrus Energy Corp. (LEU) delivered earnings and revenue surprises of 2.16% and 18.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Centrus Energy Corp. (LEU) Q4 Earnings and Revenues Top Estimates

Financial Highlights: LEU segment revenue of $112.2 million and segment gross profit of $67.0 million in the fourth quarter of 2022. 2022 full year net income of $52.2 million, which reflects a one-time loss accrual of $21.3 million for the cost share associated with the U.S. Department of Energy HALEU Operation Contract Award.

Centrus Reports Fourth Quarter and Full Year 2022 Results

Centrus Energy Corp. is positioned to become the sole licensed supplier of HALEU in the U.S., helping to meet the demand for clean, carbon-free electricity. To achieve this aim, Centrus must demonstrate capability, build capacity to support production ramp-up, and maintain a secure supply of LEU.

Centrus Energy: Poised To Dominate The U.S. HALEU Market

BETHESDA, Md. , Feb. 13, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, February 22, 2023, at 8:30 a.m.

Centrus to Webcast Conference Call on February 22 at 8:30 a.m. ET

Company releases photos of the first U.S.-owned, U.S.-technology enrichment plant to begin production in 70 years BETHESDA, Md. , Feb. 9, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) announced today that it has completed construction of a cascade of advanced uranium enrichment centrifuges as well as most of the associated support systems.

Centrus Completes Construction and Initial Testing of HALEU Demonstration Cascade, Expects to Begin Production by End of 2023

Centrus Energy provides nuclear fuel and technical solutions for US and foreign customers. The company could be the solution to the dependence of Russian nuclear fuel imports.

Centrus Energy: Positioning As A Cornerstone Of The U.S.' Energy Security

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BETHESDA, Md., Dec. 1, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) announced that its wholly-owned subsidiary, American Centrifuge Operating LLC (ACO), has signed a definitized contract with the U.S. Department of Energy (DOE) to pioneer production of High-Assay, Low-Enriched Uranium (HALEU) at its facility leased from DOE in Piketon, Ohio.

Centrus Energy Finalizes Contract with U.S. Department of Energy to Complete HALEU Cascade Construction and Produce HALEU for Up to 10 Years

Centrus Energy Corp. (NYSE:LEU ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Dan Leistikow - Vice President, Corporate Communications Dan Poneman - President & Chief Executive Officer Philip Strawbridge - Chief Financial Officer Conference Call Participants Rob Brown - Lake Street Capital Joseph Reagor - ROTH Capital Partners Operator Greetings and welcome to the Centrus Energy Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Centrus Energy Corp. (LEU) Q3 2022 Earnings Call Transcript

Centrus Energy Corp. (LEU) delivered earnings and revenue surprises of -153.85% and 49.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Centrus Energy Corp. (LEU) Reports Q3 Loss, Lags Revenue Estimates

Secured more than $270 million in new sales contracts and commitments year-to-date Continued to meet all milestones under the contract with the U.S. Department of Energy (DOE) to deploy a cascade of centrifuges to demonstrate production of High-Assay, Low-Enriched Uranium (HALEU) Net loss of $6.1 million on revenue of $33.2 million in Q3 2022, compared to net income of $42.1 million on $91.3 million in revenue in Q3 2021 BETHESDA, Md. , Nov. 8, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported third quarter 2022 results.

Centrus Reports Third Quarter 2022 Results

BETHESDA, Md. , Nov. 4, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, November 9, 2022, at 8:30 a.m.

Centrus to Webcast Conference Call on November 9 at 8:30 a.m. ET

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BETHESDA, Md. , Sept. 14, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) announced today that it has secured new nuclear fuel sales contracts and commitments with an estimated value of approximately $320 million in the last 12 months -- including approximately $270 million year-to-date.

Centrus Secures $320 Million in New Sales Contracts and Commitments

BETHESDA, Md. , Sept. 12, 2022 /PRNewswire/ -- The Government of Japan held a presentation ceremony on Thursday, September 8, 2022, at the Residence of the Ambassador of Japan to formally confer the Order of the Rising Sun, Gold and Silver Star, from the Emperor of Japan to Centrus Energy Corp. (NYSE American: LEU) President and CEO Daniel B.

Poneman Receives Order of the Rising Sun by the Government of Japan

Centrus Energy is a leading nuclear fuel supplier to utility customers in North America, Europe, and Asia. Centrus' margins have materially improved since its supply contracts were renegotiated in the 2018/2019 time frame.

Centrus Energy: Cheap Way To Play Nuclear Energy

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