Centrus Energy (LEU) Misses Q1 EPS by 8c

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Centrus Reports First Quarter 2023 Results

May 8, 2023 4:40 PM EDT

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 2022Gross profit of $23.0 million, compared to $6.3 million in Q1 2022Consolidated cash balance of $188.8 million as of March 31, 2023Completed 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... More