$297.8 million net income primarily driven by net reorganization items; Cash balance of $218.8 million at December 31, 2014; Year-end 2015 cash balance expected to be in the range of $175 to $200 million
Centrus Reports Year-end 2014 Results
Centrus to List Shares on NYSE MKT
Centrus believes that the NYSE MKT trading platform is a better fit for its anticipated market capitalization and daily trading volume while allowing the Company to maintain its long-term relationship with the NYSE.
Daniel Poneman Selected as Centrus President and CEO
Former deputy secretary of energy has decades of leadership in nuclear power; Poneman joins Centrus at pivotal moment to lead effort to move the Company forward; Sees key role for the American Centrifuge technology in providing a domestic source of uranium enrichment for national security and energy security
Centrus’ American Centrifuge Technology Demonstration and Operations Agreement Extended
Oak Ridge National Laboratory exercises six-month option to continue demonstration and operation of sole U.S. uranium enrichment technology
Statement: Omnibus Appropriations Bill Funds Continued Demonstration Program for the American Centrifuge Technology
A Statement from Centrus about the FY2015 omnibus appropriations bill signed by President Obama on December 16, 2014.
Centrus Reports Third Quarter 2014 Results
$418.9 million net income primarily driven by net reorganization items; Return of Paducah GDP facility reduces future non-production expenses; Cash balance of $105.4 million at September 30, 2014; Year-end 2014 cash balance expected to be greater than $150 million
Centrus to Webcast Conference Call on November 14 at 9 a.m. ET
Centrus will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 14, 2014 at 9:00 a.m. ET. The Company will release its third quarter 2014 earnings report for the period ended September 30, 2013, prior to the call on November 14.
Centrus Energy Corp. Regains Compliance with NYSE Listing Standards
Centrus has received notification from the New York Stock Exchange that the Company has regained compliance with the NYSE’s continued listing standards.
Centrus Subsidiary Completes Return of Paducah Gaseous Diffusion Plant to DOE
United States Enrichment Corporation, a subsidiary of Centrus Energy Corp. (NYSE: LEU), today returned full control of the 750-acre uranium enrichment complex near Paducah, Ky. to the U.S. Department of Energy (DOE). The transfer of control occurred at 7:00 a.m. CT and followed a year-long process to prepare the plant for a return to full DOE control.
Centrus Energy Corp. Board Elects Williams as Chairman; Begins Process for CEO Transition
Mikel H. Williams elected chairman of the board; Chief Restructuring Officer John R. Castellano named interim CEO; John Welch to step down later this month; Board establishes committee assignments
Centrus Energy Corp. Emerges from Chapter 11 Restructuring
Stronger balance sheet positions company to compete in global nuclear fuel market; supports U.S. energy and national security