Centrus Energy (LEU) Tops Q2 EPS by 55c

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Centrus Reports Second Quarter 2023 Results

August 3, 2023 4:30 PM EDT

Received Nuclear Regulatory Commission (NRC) authorization to produce High-Assay Low-Enriched Uranium (HALEU)Expect to complete Phase I HALEU production by the end of 2023Signed Memorandum of Understanding with TerraPower to accelerate HALEU productionNet income of $12.7 million on $98.4 million in revenue, compared to net income of $37.4 million on $99.1 million in revenue in Q2 2022Consolidated cash balance of $212.5 million as of June 30, 2023

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