Centrus Energy (LEU) Reports Q2 Loss of $1.60

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Centrus Reports First Quarter 2016 Results

May 9, 2016 5:19 PM EDT

Net loss of $14.6 million on revenue of $90.0 million Gross profit of $8.1 million for the LEU segment; improved margins on lower sales volume Costs for demobilization of demonstration cascade of $12.0 million Cash balance of $180 million at March 31, 2016 On track with annual outlook of $275-300 million in revenue and $200-250 million cash balance for year-end 2016

BETHESDA, Md.--(BUSINESS WIRE)-- Centrus Energy Corp.... More