The conference call with shareholders and analysts will be open to listeners, who may log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through May 24, 2016.
Centrus to Webcast Conference Call on May 10 at 8:30 a.m. ET
Centrus and ConverDyn Sign MOU to Explore Joint Sales and Business Development Opportunities
Centrus has signed a memorandum of understanding with ConverDyn to explore the potential for joint sales of the companies’ nuclear fuel products and services to utility customers around the world.
Centrus Energy to Preserve Net Operating Loss Carryforwards and to Protect Centrus Stockholders with Stockholder Rights Plan
Centrus' Board of Directors has adopted a Net Operating Loss stockholder rights plan to seek to preserve its substantial tax assets available to reduce potential future tax liabilities and to protect the interests of the Centrus stockholders.
Centrus Signs Contract for American Centrifuge Work in Tennessee
Under the terms of the agreement, Centrus will continue to perform engineering and testing work to preserve and advance U.S.-origin uranium enrichment technology to support future national security and energy security needs. The contract totals approximately $32.3 million and runs through September 30, 2016.
Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2015
Gross profit of $69 million, compared to losses in 2014 and 2013; Net loss of $187.4 million following non-cash charge of $137.2 million for the impairment of excess reorganization value; Positive cash flow from operations increases year-end cash balance to $234 million
Centrus to Webcast Conference Call on March 22 at 8:30 a.m. ET
Centrus will broadcast its quarterly conference call over the Internet on March 22, 2016, at 8:30 a.m. ET. The Company will release its year-end earnings report for its fiscal 2015 after the close of markets on Monday, March 21.
Centrus Announces Multiple New Sales Contracts Valued at $165 Million
Centrus has signed several new sales contracts in the last nine months to supply its utility customers with enriched uranium fuel. In aggregate, the contracts have a value of approximately $165 million with deliveries through 2022.
Centrus Completes American Centrifuge Demonstration in Ohio; Workforce Reductions to Begin
Centrifuge research, engineering and testing work will continue in Oak Ridge, Tenn.; Ohio centrifuge cascade to be demobilized after successful three-year demonstration; Centrus preserving NRC license and options for future use of Ohio facility
Centrus Energy Corp.’s Continued Listing Plan Accepted by NYSE MKT
NYSE MKT has accepted Centrus’ plan to regain compliance with the exchange’s continued listing standards, and the company’s common stock will continue to be traded on the exchange, subject to ongoing monitoring by the exchange and the Company’s compliance with all other applicable NYSE MKT requirements.
Centrus Establishes Advisory Board of Distinguished National Security and Business Leaders
Members of the board have advised U.S. presidents of both parties, served at the highest levels of government and industry, and have deep subject-matter expertise. The diverse membership reflects a broad consensus about the importance of maintaining U.S. leadership in uranium enrichment and nuclear power.
Centrus and TENEX Agree on Decade of Reliable Supply
Centrus and TENEX have reached agreement to modify the terms of the long-term supply contract the two companies signed in 2011 and to extend their contractual relationship through 2026.
Omnibus Appropriations Legislation Supports Continued Advances in U.S. Enrichment Technology
Funding for research, development and demonstration continues
Centrus Receives Non-Compliance Notice from NYSE MKT
Company remains listed on NYSE MKT; Expects strong 4th Quarter revenues; Reiterates annual guidance for revenue and cash balance
Centrus Reports Third Quarter 2015 Results
Cash balance of $180.3 million at September 30, 2015; Year-end 2015 cash balance expected to be in range of $175 - $200 million; $55.1 million net loss includes remeasurement of pension obligations and a special charge for anticipated workforce reductions; Approximately 40 percent of annual revenue expected in the fourth quarter
Centrus to Webcast Conference Call on November 11 at 8:30 a.m. ET
The conference call with shareholders and analysts will be open to listeners, who may log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section, and a webcast replay will be available through November 25, 2015.
ORNL Will Extend Centrus’ Contract for Advanced Uranium Enrichment Centrifuge Research at Reduced Level
Centrus confirmed today that ORNL has informed Centrus that it intends to extend its contract with the Company at a reduced level for research on the world’s most advanced uranium enrichment centrifuges.
Centrus Appoints SVPs of Business Strategy and Business Operations
Kevin Alldred will be appointed as senior vice president, business strategy and Elmer Dyke as senior vice president, business operations. Alldred and Dyke’s appointments will be effective on October 1 and September 1, respectively.
Centrus to Webcast Conference Call on August 26 at 8:30 a.m. ET
The conference call with shareholders and analysts will be open to listeners, who may log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section, and a webcast replay will be available through September 9, 2015.
Centrus Reports Second Quarter 2015 Results
Net loss of $15.1 million on revenue of $63.3 million for the quarter; gross profit of $11.2 million for six-month period ending June 30, 2015; cash balance of $218.5 million at June 30, 2015; anticipated year-end 2015 cash balance is reiterated and expected to be in the range of $175 million to $200 million
Centrus Appoints Stephen S. Greene as Senior Vice President and CFO
Centrus announced today that Stephen S. Greene has been appointed senior vice president, chief financial officer and treasurer, effective July 24, 2015. Mr. Greene has served as vice president, finance and treasurer since 2007.
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