Centrus Reports First Quarter 2020 Results

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Go back to Centrus Reports First Quarter 2020 Results

Centrus Energy (LEU) Reports Q1 EPS of $0.95

May 11, 2020 5:16 PM EDT

Centrus Energy (NYSE: LEU) reported Q1 EPS of $0.95, versus ($2.40) reported last year. Revenue for the quarter came in at $45 million, versus $38.7 million reported last year.

Financial Results

Centrus generated total revenue of $45.0 million for the first quarter of 2020, an increase of $6.3 million, or 16%, from the prior year period.Revenue from the LEU segment declined $4.4 million (or 13%) in the three months ended March 31, 2020, compared to the corresponding period in 2019, primarily because there were no uranium sales in the period. Revenue from the sales of SWU increased $18.3 million (or 148%), reflecting an... More