Centrus Energy (LEU) Tops Q3 EPS by 29c

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Go back to Centrus Energy (LEU) Tops Q3 EPS by 29c

Centrus Reports Third Quarter 2023 Results

November 7, 2023 5:15 PM EST

Began production of High-Assay Low-Enriched Uranium (HALEU) in October 2023 and Completed Phase I of Department of Energy contract in November 2023.Annuitized $186.5 million of pension plan obligations for 1,400 beneficiaries, de-risking balance sheet and improving the capital structureNet income of $8.2 million on $51.3 million in revenue, compared to net loss of $6.1 million on $33.2 million in revenue in Q3 2022Consolidated cash balance of $183.3 million as of September 30,... More